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N. Macedonia's business confidence index in manufacturing goes down y/y in July

N. Macedonia's business confidence index in manufacturing goes down y/y in July Ken Teegardin/CC BY-SA 2.0

SKOPJE (N. Macedonia), August 15 (SeeNews) - N. Macedonia's business confidence index in manufacturing fell 0.7 percentage points year-on-year in July, to 14.2%, the country's statistical office said on Monday.

On a monthly comparison basis, the business confidence index in manufacturing edged up 0.2 percentage points in July, Makstat said in a press release announcing the results of a monthly survey of local managers.

“The situation with the current volume of production orders in July 2022 is more favourable compared to the previous month, expectations for the production volume for the next three months are more favourable, while the stocks of finished goods 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.

 
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