Sweden's Industrial Inventories q/q measures the total amount of goods (in monetary terms), stored in warehouses of industrial companies. The index measures a quarter-over-quarter change in inventories. 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 the latter case the impact on the Swedish krona will be negative.
The chart of the entire available history of the "Sweden Industrial Inventories q/q" macroeconomic indicator.
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