Larger stocks in manufacturing industry

24/09/2014 09:30

According to Statistics Netherlands, manufacturers’ stocks of finished products were 6.0 percent up in July 2014 from July 2013. Stocks in manufacturing industry have been larger than twelve months previously for four months in a row and the increase is growing. Stock figures have been adjusted for price changes, but not for seasonal variation.

Stocks of finished products in manufacturing industry (volume)

Stocks of finished products in manufacturing industry (volume)

Opinions on stocks less positive in September

The Business Sentiment Survey for the Manufacturing Industry 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 less positive in September than in August. Opinions on stocks of finished products are one of the three component indicators of producer confidence in manufacturing industry. Statistics Netherlands also announced today that producer confidence fell marginally in September.                          

Opinions on stocks of finished products

Opinions on stocks of finished products

As from September 2014, the data on manufacturers’ opinions in this publication are adjusted for seasonal variation and systematic distortion. The series is one of the component indicators of Dutch producer confidence.

For more information on economic indicators, see the Economic Monitor.