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Theme: Bussines Tendencies

Business tendencies in manufacturing industry in March 2022


The managers of the business entities assessed that the confidence indicator in manufacturing industry in March 2022, standing at 13.3, is 0.5 percentage points lower compared to February 2022 and 1.2 percentage points lower compared to March 2021.

The situation with the current volume of production orders in March 2022 remained unchanged compared to the previous month, the expectations for the production volume for the next three months are less favourable, while the stocks of finished goods increased.

The estimation of the economic situation is less satisfactory compared to the previous month, as well as compared to March 2021. The number of employees is expected to decrease.

The average capacity utilization level of the business entities in March 2022 decreased to 65.5% of normal utilization.

The factors that had the greatest influence on limiting the production volume in March 2022 were: shortage of skilled labour with 16.2%, insufficient foreign demand with 19.4%, uncertainty of the economic environment with 15.3% and insufficient domestic demand with 13.0%.

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