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N. Macedonia's business confidence index in manufacturing rises 1.3 pp in July

N. Macedonia's business confidence index in manufacturing rises 1.3 pp in July Author: vlada.hr. License: All rights reserved.

SKOPJE (North Macedonia), August 15 (SeeNews) – The business confidence indicator in North Macedonia's manufacturing sector added 1.3 percentage points year-on-year to 21.2 in July, the country's statistical office said on Thursday.

On a monthly comparison basis, the business confidence index in manufacturing edged down 0.1 percentage points in July, Makstat said in a statement on the results of a survey conducted among local managers.

“The situation with the current volume of production orders in July 2019 is less favourable compared to the previous month, the expectations for the production volume for the next three months are also less favourable and the stocks of finished goods have decreased compared to June 2019," the statistical office said.

Managers expect the number of employees in the manufacturing sector to decrease over the following months

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