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Theme:
Bussines Tendencies
Business tendencies in manufacturing industry in August 2016
15.09.2016
The managers of the business entities assessed that the confidence indicator in manufacturing industry in August 2016 is 0.5 percentage points higher than the previous month, and 5.5 percentage points higher compared to August 2015.
The situation with the current volume of production orders in August 2016 is more satisfactory compared to the previous month, the expectations for the production volume for the next three months are that it will increase, and the stocks of finished products have increased.
The estimation of the economic situation is that it is more satisfactory compared to the previous month, and much more satisfactory compared to August 2015. The number of employees is expected to increase.
The average capacity utilization level of the business entities in August 2016 increased to 65.1% of normal utilization.
The factors that had the greatest influence on limiting the production volume in August 2016 were: insufficient foreign demand with 24.1%, insufficient domestic demand with 17.2% and shortage of skilled labour with 14.3%.
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