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Theme: Bussines Tendencies


Business tendencies in manufacturing industry in July 2022

15.08.2022


The managers of the business entities assessed that the confidence indicator in manufacturing industry in July 2022, standing at 14.2, is
0.2 percentage points higher compared to June 2022 and 0.7 percentage points lower compared to July 2021.
The situation with the current volume of production orders in July 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 more satisfactory compared to the previous month, but less satisfactory compared to July
2021. The number of employees is expected to increase.
The average capacity utilization level of the business entities in July 2022 decreased to 66.0% of normal utilization.
The factors that had the greatest influence on limiting the production volume in July 2022 were: shortage of skilled labour with 20.9%,
insufficient foreign demand with 17.7%, uncertainty of the economic environment with 14.6% and insufficient domestic demand with
11.9%.





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