January 17 (SeeNews) - The business confidence indicator in North Macedonia's manufacturing sector rose by 0.7 percentage points year-on-year in December, to 14.4 points, the country's statistical office said on Monday.
On a monthly comparison basis, the business confidence index in manufacturing edged down 0.1 percentage points in December, Makstat said in a press release announcing the results of a monthly survey of local managers.
βThe situation with the current volume of production orders in December 2021 is less favourable compared to the previous month, the expectations for the production volume for the next three months are also less favourable, while the stocks of finished goods have increased," the statistical office said.
The managers who participated in the survey expect the number of employees in the manufacturing sector to increase in the coming period.