State Statistical Office: Estimation of the managers of the business entities in the manufacturing industry about the business situation in June 2014

Theme: Bussines Tendencies

Estimation of the managers of the business entities in the manufacturing industry about the business situation in June 2014

25.07.2014

According to the data of the State Statistical Office, the managers assessed the business situation in June 2014 as more satisfactory
than in the previous month, but less satisfactory compared to June 2013. The situation with the present volume of production
orders is more satisfactory compared to the previous month. The production volume of the business entities in June 2014 is
almost at the same level as in the previous month; the expectations for the production volume are unfavourable for the next
three months, while the expectations for the number of employees are at the same level as in May 2014. The stocks of raw
materials and intermediate goods and the purchases of raw materials and intermediate goods in June 2014 are below and around
the normal level. The stocks of finished products increased compared to May 2014. The average capacity utilization level of the
business entities in June 2014, compared to the previous month, increased to 61.2% of normal utilization. The factors that had
the greatest influence on limiting the production volume in June 2014 were: insufficient foreign demand with 25.8%, insufficient
domestic demand with 18.8%, uncertainty of the economic environment with 7.8% and financial problems with 7.6%.

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