December 15 (SeeNews) - The business confidence indicator in North Macedonia's manufacturing sector rose by 1 percentage points year-on-year in November, to 14.5 points, the country's statistical office said on Wednesday.
On a monthly comparison basis, the business confidence index in manufacturing edged down by 0.2 percentage points in November, Makstat said in a press release announcing the results of a monthly survey of local managers.
βThe situation with the current volume of production orders in November 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 remained unchanged," the statistical office said.
The managers who participated in the survey expect the number of employees in the manufacturing sector to decrease in the coming period.