Sweden Industrial Inventories Change
| Low | Kr1.516 B | Kr-2.211 B |
Kr-5.775 B
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| Last release | Importance | Actual | Forecast |
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Sweden's Industrial Inventories Change reflects change trends in the industrial inventories by industry and inventory type. Since inventories constitute part of GDP, economists monitor the publication of the indicator.
The indicator is calculated using the data collected by Statistics Sweden through quarterly surveys of industrial, mining and service companies. Both finished goods and stocks of work in progress are taken into account.
Inventory volumes are estimated in monetary terms, in Swedish kronor. The resulting value is calculated as the inventories received minus inventories disposed of for the reporting period. An increase in the value of inventories is excluded from the calculation, which allows you to obtain a pure measurement of inventory amounts.
The accumulation of inventories usually has a positive effect on GDP and national currency quotes. However, an increase in inventories can be associated with a decrease in consumption, in which case the impact will be negative.
Last values:
actual data
forecast
The chart of the entire available history of the "Sweden Industrial Inventories Change" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.
