September 22 (SeeNews) - N. Macedonia's business confidence index in manufacturing fell 0.8 percentage points year-on-year in August, to 14.2, the country's statistical office said.
On a monthly comparison basis, the business confidence index in manufacturing remained unchanged compared to July, Makstat said in a press release last week, announcing the results of a monthly survey of local managers.
“The situation with the current volume of production orders in August 2022 is more favourable compared to the previous month, expectations for the production volume for the next three months are less favourable, while the stocks of finished goods are decreased,” the statistical office said.
The managers who participated in the survey expect the number of employees in the manufacturing sector to decrease in the coming period.