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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 2011

25.08.2011


According to the data of the State Statistical Office, the business situation in July 2011 according to the managers is more satisfactory compared to the previous month, as well as compared to July 2010. The situation with the present volume of production orders is lass satisfactory compared to the previous month. The production volume of the business entities in July 2011 increased compared to the previous month; the expectations for the production volume are favourable for the next three months, while the expectations for the number of employees are unfavourable .The stocks of raw materials and intermediate goods and the purchases of raw materials and intermediate goods in July 2011 are below and around the normal level. The stocks of finished products are decreased compared to the previous month. The average capacity utilization level of the business entities in July 2011, compared to the previous month, is increased to 61.3% of the normal utilization. The factors that had the greatest influence on limiting the production volume in July 2011 were: insufficient foreign demand with 22.3%, insufficient domestic demand with 18.4%, financial problems with 11.9% and uncertainty of the economic environment with 9.5%.




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