SKOPJE (North Macedonia), March 15 (SeeNews) – The business confidence indicator in North Macedonia's manufacturing sector rose 1.4 percentage points year-on-year in February, the country's statistical office said on Friday.
The business confidence index in manufacturing edged up 0.4 percentage points month-on-month in February, 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 February 2019 is more favourable compared to the previous month, the expectations for the production volume for the next three months are also more favourable, while the stocks of finished goods have increased compared to January 2019," the statistical office said.
Managers expect the number of employees in the manufacturing sector to decrease over the following months.