Manufacturers’ stocks of finished products were nearly 12 percent higher in October 2011 than in October 2010, equalling September’s growth rate. Stocks of finished products have been above the level of twelve months previously for almost a year now. The stocks of finished products index (2005=100) stood at 108.7 in October, versus 107.2 in September.
Stocks of finished products in manufacturing industry (volume)
Manufacturers’ opinions about stocks improved in December
The Business Sentiment Survey for the Manufacturing Industry provides a first indication for 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.
Manufacturers’ opinions on their stocks improved in December. Despite the change for the better, manufacturers reporting their stocks as too large still outnumbered those claiming they were too small. The balance of positive and negative answers was -2 in December, as against -5 in November.