Press release from Statistics Sweden

2010-11-17 9:30 AM Nr 2010:303


Stocks in industry, Q3 2010:

Stock levels in industry continue to rise

Total stocks in industry increased by SEK 2.7 billion during the third quarter, which means a 1.5 percent rise compared to the level of the second quarter. Even compared to the third quarter of 2009 stocks in industry increased, and the rise was estimated at 2.1 percent.

The tendency of higher stock levels continued during the third quarter of 2010. The rise was estimated at SEK 2.7 billion or 1.5 percent, compared to the second quarter. Stocks of input goods contributed during the third quarter by 1.7 SEK billion, following a weaker development during the previous quarter. Compared to the third quarter of 2009, total stocks in industry have increased 2.1 percent.

The industrial sector can be divided into five main groups. Among these, the industry for capital goods accounts for the major increase, with a stock increase of SEK 2.2 billion or 2.9 percent compared to the second quarter. Compared to the third quarter of 2009, stocks were up 5.5 percent in the industry for capital goods.

During the second quarter of 2010 the value of all stocks rose by SEK 4.0 billion, which means a revision upwards of SEK 0.2 billion since the previous publication.

Computer and electronic industry contributed most

The industry for computers and electronics (NACE 26) contributed the most to the overall increase in the total stocks in industry during the third quarter. The increase was measured at SEK 1.9 billion or 10.7 percent compared to the stock level of the previous quarter. The computer and electronic industry together with the industry for motor vehicles (NACE 29), can explain the entire increase in stocks in industry during the third quarter.

Changes in total inventories (constant prices)
   
Total inventories

NACE Rev 2

INDUSTRY TITLE

Q3 2010

Q3 2010/
Q2 2010

Q2 2010

Q3 2009

Q3 2010/
Q3 2009

   

Million
SEK

Pct

Million
SEK

Million
SEK

Pct

B+C
Mines and quarries and manufacturing industry
2 655 1.5 3 963 -9 886 2.1
-
Intermediate goods industry
860 1.3 2 060 -8 011 -0.8
-
Energy excl. NACE section D
-418 -5.0 -1 379 -99 -12.2
-
Capital goods industry
2 172 2.9 2 457 -1 762 5.5
-
Non-durable consumer goods industry
158 0.6 748 334 6.1
-
Durable consumer goods industry
-117 -3.2 78 -349 -0.9
B
Mines and quarries
140 12.6 306 -169 -4.2
C
Manufacturing industry
2 515 1.4 3 658 -9 717 2.2
10-12
Food product, beverage and tobacco industry
-29 -0.3 338 355 4.9
13-15
Industry for textile and leather products
3 0.2 47 84 -4.1
16
Industry for wood and wood products
-131 -1.5 396 -438 15.2
17
Industry for pulp, paper and paper products
347 3.4 -216 -1 058 0.6
18
Industry for printing and reproduction of recorded media
53 10.4 -23 7 -10.7
19
Industry for coke and refined petroleum products
-418 -5.0 -1 379 -99 -12.2
20
Industry for chemicals
201 3.0 163 -694 -23.9
21
Industry for basic pharmaceutical products and pharmaceutical preparations
161 1.5 369 -71 11.6
22
Industry for rubber and plastic products
-82 -2.1 -42 -247 8.1
23
Industry for other non-metallic mineral products
-48 -1.1 -126 -663 -5.7
24
Industry för basic metals
644 3.8 1 442 -3 589 14.4
25
Industry for manufacture of fabricated metal products, except machinery and equipment
-389 -3.3 -248 -449 -2.0
26
Industry for computer, electronic and optical products
1 917 10.7 1 623 396 37.5
27
Industry for manufacture of electrical equipment
67 1.0 269 -561 -7.0
28
Industry for machinery and equipment n.e.c.
-285 -1.1 1 003 -1 158 -5.5
29
Industry for motor vehicles
779 5.6 991 -647 3.5
30
Industry for other transport equipment
110 2.3 -1 271 -400 -20.4
31-33
Industry for other manufacturing, repair and installation of machinery amd equipment
-388 -3.7 320 -487 -1.8

Definitions and explanations

The total industry stock is defined as the sum of stocks of input goods, stocks of products in processing, finished goods of own manufacturing and finished goods of foreign manufacturing. Total industry refers to division B+C according to NACE Rev.2.

All reported changes are derived from stocks of inventories valued at the price level of 2005, which means in constant prices unless otherwise mentioned, and do not refer to calendar day and seasonal adjusted data. Revisions normally occur within the sample year. However, in conjunction with the publication of quarters 1 and 2 the entire previous year is subject to revisions. The uncertainty is normally higher at the first publication of the second quarter due to lower response rates during the summer.

Next publishing will be

The next press release in this series is scheduled for publishing on 2011-02-15 at 09:30.

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Responsible authority

Statistics Sweden, Foreign Trade and Industrial Indicators
Box 24 300
SE-104 51 STOCKHOLM
Fax +46 8 506 945 71


Enquiries

Henrik Petterson
Phone +46 8 506 945 57
E-mail henrik.petterson@scb.se
Sofie Lord
Phone +46 8 506 945 57
E-mail sofie.lord@scb.se





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