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/en/energi-og-industri/statistikker/lsi/kvartal
7914
Reduced stocks of unfinished goods
statistikk
2009-11-13T10:00:00.000Z
Energy and manufacturing;National accounts and business cycles
en
lsi, Index of stocks in manufacturing (discontinued), total stocks, finished goods, unfinished goods, value, volumeBusiness cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Energy and manufacturing
false

Index of stocks in manufacturing (discontinued), Q3 2009

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Reduced stocks of unfinished goods

Total stocks in manufacturing were reduced in the third quarter of 2009. There were reduced stocks of unfinished goods within several industries, but ships, boats and oil platforms contributed the most.

Stock volume. Changes in one year

In fixed prices, total stocks decreased 13.2 per cent from the third quarter of 2008 to the third quarter of 2009. In current prices, this equates to 10 per cent. Total stocks have been reduced due to few new orders in the third quarter of 2009, especially led by a low level of unfinished goods. Total stocks in manufacturing were still at a high level.

Unfinished goods

correspond to products or parts of such products under construction. At a generally high activity level, the stocks of unfinished goods will usually be at a higher level than in a lower activity level.

Finished goods

correspond to products that are made ready for further sale to customers. A weakened demand will lead to stocks of finished goods increasing if the production is not adjusted according to the demand. The opposite is the case with an increasing demand and where the production is not adjusted according to the demand.

Stock level1
Industrial Classification Change in stock value
2.q. 2008-2.q. 2009 3.q. 2008-3.q. 2009
Total -4.0 -10.0
Basic Chemicals -13.7 -10.8
Basic Metals -4.8 -29.3
Machinery and Eqipment 32.3 11.0
Ships, boats and oil plattforms -14.0 -11.2
1  Unadjusted value series.