Growth in manufacturing stocks remains substantial

Manufacturers’ stocks of finished products were 12 percent up in September 2011 on September 2010. Stocks of finished products have been above the level of twelve months previously for nine months in a row now. The stocks of finished products index (2005=100) stood at 107.4 in September, versus 110.1 in August.

Stocks of finished products in manufacturing industry (volume)

Stocks of finished products in manufacturing industry (volume)

Manufacturers’ opinions about stocks unchanged

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 did not change in November. Manufacturers reporting their stocks as too large outnumbered those saying they were too small. The balance of positive and negative answers was -5 in November, just as in October.

Opinions on stocks of finished products

Opinions on stocks of finished products