Reduction manufacturing stocks slowing down
In October, manufacturers’ stocks of finished products were more than 2 percent down on October 2009. The reduction was less than in the preceding months of 2010. Stocks of finished products have been below the level of twelve months previously for over eighteen months now. The index stocks of finished products (2005=100) was 97.3 in October, an increase by 1.7 points compared to September.
Stocks of finished products in manufacturing industry (volume)
Pleased with stock levels
The Business Sentiment Survey for the Manufacturing Industry provides a first indication of the development of the index stocks of finished products. In this survey, manufacturers are invited to define their current stocks of finished products as too large (negative), normal or too small (positive) in relation to projected sales. These results are available two months earlier than data on stocks of finished products.
Slightly more manufacturers evaluated their stocks as too small than as too large in December. This is an improvement compared with November, when manufacturers evaluating their stocks as too large outnumbered those evaluating their stocks as too small.