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N. Macedonia's business confidence index in manufacturing rises in August

N. Macedonia's business confidence index in manufacturing rises in August Industry

SKOPJE (N. Macedonia), September 16 (SeeNews) - The business confidence indicator in North Macedonia's manufacturing sector rose by 2.1 percentage points year-on-year in August, to 15.0 points, the country's statistical office said.

On a monthly comparison basis, the business confidence index in manufacturing edged up by 0.1 percentage points in August, Makstat said in a press release announcing the results of a monthly survey of local managers on Wednesday.

“The situation with the current volume of production orders in August 2021 is more favourable compared to the previous month, the expectations for the production volume for the next three months are less favourable, while the stocks of finished goods have decreased," 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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