SKOPJE (North Macedonia), April 17 (SeeNews) – The business confidence indicator in North Macedonia's manufacturing sector rose 1.6 percentage points year-on-year in March, the country's statistical office said on Wednesday.
The business confidence index in manufacturing edged up 0.2 percentage points month-on-month in March, 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 March 2019 is less favourable compared to the previous month, the expectations for the production volume for the next three months are more favourable, while the stocks of finished goods have decreased compared to February 2019," the statistical office said.
Managers expect the number of employees in the manufacturing sector to decrease during the following months.