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Theme: Bussines Tendencies

 




Business tendencies in manufacturing industry in September 2020

15.10.2020


The managers of the business entities assessed that the confidence indicator in manufacturing industry in September 2020, standing at 13.0, is 0.1 percentage points higher compared to August 2020 and 8.7 percentage points lower compared to September 2019.

The situation with the current volume of production orders in September 2020 is less favourable compared to the previous month, the expectations for the production volume for the next three months are more favourable compared to the previous month, and the stocks of finish goods have decreased.

The estimation of the economic situation is more satisfactory compared to the previous month, but less satisfactory compared to September 2019. The number of employees is expected to increase.

The average capacity utilization level of the business entities in September 2020 increased to 67.5% of normal utilization.

The factors that had the greatest influence on limiting the production volume in September 2020 were: insufficient foreign demand with 20.2%, uncertainty of the economic environment with 17.2%, shortage of skilled labour with 16.5%, and insufficient domestic demand with 12.8%.







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