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Theme: Bussines Tendencies

Business tendencies in manufacturing industry in May 2022


The managers of the business entities assessed that the confidence indicator in manufacturing industry in May 2022, standing at 13.4, is 0.2 percentage points higher compared to April 2022 and 1.4 percentage points lower compared to May 2021.

The situation with the current volume of production orders in May 2022 is more favourable compared to the previous month, the expectations for the production volume for the next three months are more 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 May 2021. The number of employees is expected to decrease.

The average capacity utilization level of the business entities in May 2022 increased to 65.4% of normal utilization.

The factors that had the greatest influence on limiting the production volume in May 2022 were: shortage of skilled labour with 20.1%, insufficient foreign demand with 17.9%, uncertainty of the economic environment with 14.2% and insufficient domestic demand with 12.2%.

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