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Theme: Bussines Tendencies


Business tendencies in manufacturing industry in January 2021

15.02.2021


The managers of the business entities assessed that the confidence indicator in manufacturing industry in January 2021, standing at 13.8, is 0.1 percentage points higher compared to December 2020 and 8.8 percentage points lower compared to January 2020.

The situation with the current volume of production orders in January 2021 is more favourable compared to the previous month, as well as the expectations for the production volume for the next three months 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 January 2020. The number of employees is expected to decrease.

The average capacity utilization level of the business entities in January 2021 increased to 69.4% of normal utilization.

The factors that had the greatest influence on limiting the production volume in January 2021 were: insufficient foreign demand with 21.7%, uncertainty of the economic environment with 16.6%, shortage of skilled labour with 15.8%, and insufficient domestic demand with 14.5%.






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