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Theme: Bussines Tendencies


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

26.08.2014


According to the data of the State Statistical Office, the managers assessed the business situation in July 2014 as more satisfactory
compared to the previous month, and at the same level compared to July 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 July
2014 is more satisfactory compared to the previous month; the expectations for the production volume are favourable for the
next three months, as well as the expectations for the number of employees. The stocks of raw materials and intermediate goods
and the purchases of raw materials and intermediate goods in July 2014 are below and around the normal level. The stocks of
finished products increased compared to the previous month. The average capacity utilization level of the business entities in
July 2014, compared to the previous month, increased to 61.6% of normal utilization. The factors that had the greatest influence
on limiting the production volume in July 2014 were: insufficient foreign demand with 22.2%, insufficient domestic demand with
18.5%, uncertainty of the economic environment with 9.2% and financial problems with 8.9%.





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