Total stocks in industry reduces

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Compared with the third quarter of 2016, total stocks in the order-based industry fell by 9.9 per cent in the third quarter of 2017. New orders fell by 3.2 per cent in the same period.

Figure 1. New orders received and stock of orders. Unadjusted. 2005=100

Stock of orders New orders received
Q3-2011 176.6 143.1
Q4-2011 169.2 128.9
Q1-2012 168.2 128.0
Q2-2012 188.9 157.6
Q3-2012 188.4 112.7
Q4-2012 195.6 137.2
Q1-2013 198.0 133.3
Q2-2013 206.2 141.4
Q3-2013 205.2 114.3
Q4-2013 214.2 141.0
Q1-2014 211.0 136.2
Q2-2014 229.3 145.6
Q3-2014 220.3 109.7
Q4-2014 221.5 130.5
Q1-2015 214.7 121.0
Q2-2015 205.4 121.5
Q3-2015 197.5 98.9
Q4-2015 189.5 110.0
Q1-2016 175.3 94.9
Q2-2016 151.9 101.5
Q3-2016 146.4 101.1
Q4-2016 141.3 107.0
Q1-2017 142.4 115.0
Q2-2017 138.4 107.9
Q3-2017 131.9 97.8

The total stocks were down 9.9 per cent from the third quarter of 2016 to the third quarter of 2017 in the order-based industry. The export marked was down 11 per cent, while the domestic market was down 8.5 per cent.

Figure 2. Stock of orders. Contribution by industry for rate of change in manufacturing.¹ 3 quarter 2017/3 quarter 2016

Stock of orders Stock of orders
Repair, installation of machinery -1.2
Transport equipment n.e.c -0.2
Ships, boats and oil platforms -5.0
Machinery and equipment -2.0
Computer and electrical equipment -1.3
Fabricated metal products -1.7
Basic metals 1.2
Chemical and pharmaceutical products 0.0
Paper and paper products 0.2
Textiles and wearing apparel 0.0
Manufacturing working on orders -9.9

New orders were down by 3.2 per cent in the same period. The domestic market were down by 7.6 per cent while the export market had an increase of 0.5 per cent.

Figure 3. New orders received. Contribution by industry for rate of change in manufacturing.¹ 3 quarter 2017/3 quarter 2016

Nrew orders received Nrew orders received
Repair, installation of machinery 1.4
Transport equipment n.e.c 0.4
Ships, boats and oil platforms -11.6
Machinery and equipment 1.4
Computer and electrical equipment -0.8
Fabricated metal products -0.8
Basic metals 5.3
Chemical and pharmaceutical products 1.3
Paper and paper products 0.1
Textiles and wearing apparel -0.2
Manufacturing working on orders -3.3

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