State Statistical Office: Estimation of the managers of the business entities in the manufacturing industry about the business situation in December 2011

Theme: Bussines Tendencies

Estimation of the managers of the business entities in the manufacturing industry about the business situation in December 2011

25.01.2012

According to the data of the State Statistical Office, the business situation in December 2011 according to the managers
is more satisfactory compared to the previous month, as well as compared to December 2010. The situation with
the present volume of production orders is at the same level as in the previous month. The production volume of the
business entities in December 2011 decreased 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
December 2011 are below and around the normal level. The stocks of finished products decreased compared to
the previous month. The average capacity utilization level of the business entities in December 2011, compared to
the previous month, decreased slightly to 59.8% of normal utilization. The factors that had the greatest influence
on limiting the production volume in December 2011 were: insufficient foreign demand with 20.8%, insufficient
domestic demand with 17.4%, financial problems with 12.5% and uncertainty of the economic environment with
9.4%.

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