Increase in manufacturing stocks
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In January, manufacturers’ stocks of finished products were over 5 percent up on January 2010. For the first time in almost two years, stocks of finished products were higher than one year previously. It should be borne in mind that the most substantial decline occurred in the first months of 2010.
The index stocks of finished products (2005=100) was 100.5 in January, i.e. 4 points higher than in December.
Stocks of finished products in manufacturing industry (volume)
Manufacturers more positive about their stocks
The Business Sentiment Survey for the Manufacturing Industry provides a first indication of the further 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.
In March, more manufacturers evaluated their stocks as too small than as too large. This is a considerably improvement compared to February when there were on balance more manufacturers considering their stocks as too large than as too small.