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

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

SKOPJE (North Macedonia), July 16 (SeeNews) – The business confidence indicator in North Macedonia's manufacturing sector added 1.5 percentage points year-on-year in June, the country's statistical office said on Tuesday.

On a monthly comparison basis, the business confidence index in manufacturing edged up 0.3 percentage points in June, 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 June 2019 is more favourable compared to the previous month, as well as the expectations for the production volume for the next three months, while the stocks of finished goods have increased compared to May 2019. The estimation of the economic situation is more satisfactory compared to the previous month, also compared to June 2018," the statistical office said.

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

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