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Theme: Bussines Tendencies

Business tendencies in manufacturing industry in December 2020


The managers of the business entities assessed that the confidence indicator in manufacturing industry in December 2020, standing at 13.7, is 0.2 percentage points higher compared to December 2020 and 8.5 percentage points lower compared to December 2019.

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

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

The average capacity utilization level of the business entities in December 2020 increased to 69.2% of normal utilization.

The factors that had the greatest influence on limiting the production volume in December 2020 were: insufficient foreign demand with 21.3%, uncertainty of the economic environment with 18.9%, shortage of skilled labour with 15.7%, and insufficient domestic demand with 13.8%.

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