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Business inventories, Q2 2021

Business inventories decreased in the second quarter of 2021

Statistical news from Statistics Sweden 2021-08-17 9.30

Swedish business inventories decreased by SEK 13.0 billion in constant prices in the second quarter. This development corresponds to a decrease of 2.4 percent in volume.

Total inventories in industry decreased by SEK 6.2 billion in the second quarter, which corresponds to a decrease of 2.4 percent in volume. Inventories in trade decreased by SEK 6.8 billion in the second quarter, which corresponds to a decrease of 2.4 percent in volume.

Industrial inventories decreased

Inventories of finished goods and goods in progress decreased by SEK 4.8 billion and inventories of input goods in total industry decreased by SEK 1.3 billion. This means that total inventories in industry decreased by SEK 6.2 billion in the second quarter.

Trade inventories decreased

Inventories in trade decreased by SEK 6.8 billion in the second quarter. The largest decrease was noted in wholesale and retail trade and repair of motor vehicles and motorcycles, in which inventories decreased by SEK 5.7 billion. Inventories in retail trade, excluding motor vehicles and motorcycles, decreased by SEK 3.3 billion, while wholesale trade, excluding motor vehicles and motorcycles increased by SEK 2.2 billion.

New survey

As from the current quarter, the new Business inventories survey has replaced the surveys Inventories in trade and services and Industrial inventories. The results of the new survey are comparable to the results of the old survey, since the new survey and Industrial inventories have a similar design. Furthermore, Industrial inventories and Inventories in trade and services used the same underlying methods.

Revisions

The previous surveys Inventories in trade and services and Industrial inventories are no longer produced. There are therefore no revised results for the first quarter.

Business inventories, Q2 2021
NACE Rev 2INDUSTRY TITLEChanges in total industrial inventories (2010 prices)
  Q2 2021Q2 2021/ Q1 2021Q1 2021Q2 2020
  Million SEK%Million SEKMillion SEK
B+C+GMines and quarries, manufacturing industry and wholesale and retail trade ‑13 008.6 ‑2.4 11 517.7 ‑10 345.2
B+C Mines and quarries and manufacturing industry ‑6 164.7 ‑2.4 1 516.3 2 914.9
- Intermediate goods industry ‑5 502.0 ‑5.6 ‑3 244.3 ‑2 374.3
- Energy excl. NACE section D .. .. .. ..
- Capital goods industry 166.8 0.2 5 059.6 1 223.2
- Non-durable consumer goods industry ‑348.4 ‑0.8 2 076.4 634.7
- Durable consumer goods industry .. .. .. ..
B Mines and quarries ‑555.8 ‑12.6 734.1 ‑346.6
C Manufacturing industry ‑5 608.9 ‑2.2 782.2 3 261.4
10-12 Food product, beverage and tobacco industry ‑117.3 ‑0.7 475.0 ‑461.7
13-15 Industry for textile and leather products ‑46.6 ‑2.2 ‑57.1 ‑87.9
16 Industry for wood and wood products ‑1 383.5 ‑12.2 ‑256.9 ‑1 047.4
17 Industry for pulp, paper and paper products ‑1 001.4 ‑8.1 ‑295.2 550.6
18 Industry for printing and reproduction of recorded media ‑71.9 ‑8.7 35.9 135.6
19 Industry for coke and refined petroleum products .. .. .. ..
20 Industry for chemicals ‑363.1 ‑3.4 ‑390.7 480.0
21 Industry for basic pharmaceutical products and pharmaceutical preparations .. .. .. ..
22 Industry for rubber and plastic products ‑776.3 ‑11.1 38.1 174.7
23 Industry for other non-metallic mineral products ‑507.5 ‑8.0 ‑545.0 ‑44.1
24 Industry for basic metals ‑1 218.9 ‑5.0 ‑2 398.0 ‑1 893.5
25 Industry for manufacture of fabricated metal products, except machinery and equipment ‑910.6 ‑4.4 676.1 ‑171.5
26 Industry for computer, electronic and optical products 722.4 7.0 296.4 ‑135.2
27 Industry for manufacture of electrical equipment 350.3 4.0 72.3 34.9
28 Industry for machinery and equipment n.e.c. ‑78.5 ‑0.2 671.9 ‑104.1
29 Industry for motor vehicles .. .. .. ..
30 Industry for other transport equipment .. .. .. ..
31-33 Industry for other manufacturing, repair and installation of machinery and equipment 200.1 2.0 389.5 343.2
G Wholesale and retail trade ‑6 843.9 ‑2.4 10 001.3 ‑13 260.1
45 Wholesale and retail trade and repair of motor vehicles and motorcycles ‑5 729.6 ‑10.4 2 687.7 ‑6 684.1
46 Wholesale trade, except of motor vehicles and motorcycles 2 201.0 1.6 4 437.2 ‑1 625.3
47 Retail trade, except of motor vehicles and motorcycles ‑3 315.3 ‑3.7 2 876.5 ‑4 950.7

Definitions and explanations

All numbers are rounded to one decimal. Totals are calculated before rounding.

Next publishing will be

2021-11-16, 09:30.

Statistical Database

More information is available in the Statistical Database

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