In September, manufacturers’ stocks of finished products were more than 5 percent down on September 2009. The reduction was virtually the same as in August. Stocks of finished products have been below the level of twelve months previously for eighteen months now. The index stocks of finished products (2005=100) was 95.4 in September.
Stocks of finished products in manufacturing industry (volume)
Pleased with stock levels
The Business Sentiment Survey for the manufacturing industry gives a first indication of the development of the index stocks of finished products in the near future. 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 November, slightly more manufacturers evaluated their stocks as too large than as too small. Opinions about the level of stocks hardly changed in recent months. In the period early 2009-May 2010, manufacturers’ opinions on their stocks had improved considerably. During this period, stocks of finished products were reduced.