According to Statistics Netherlands, manufacturers’ stocks of finished products were 6.0 percent up in September 2014 from September 2013. Over the past six months, manufacturing stocks have been larger than twelve months previously, but the increase in September is smaller than in the previous months. Stock figures have been adjusted for price changes, not for seasonal variation.
Stocks of finished products in manufacturing industry (volume)
Opinions on stocks more positive in November
The Business Survey Netherlands provides a first indication for further developments of the index stocks of finished products. In this survey, manufacturers are invited to define their current stocks of finished products as too small (positive), normal or too large (negative) in relation to projected sales. These results are available two months earlier than data on stocks of finished products.
The mood among manufacturers with respect to the volume of their stocks was more positive in November than in October. The opinion of manufacturers on their stocks of finished products is one of the three component indicators defining producer confidence in manufacturing industry. Statistics Netherlands also announced today that producer confidence has improved further in October.
Opinions on stocks of finished products
For more information on economic indicators, see the Economic Monitor.