November 15 (SeeNews) - The business confidence indicator in North Macedonia's manufacturing sector rose by 0.9 percentage points year-on-year in October, to 14.7 points, the country's statistical office said on Monday.
On a monthly comparison basis, the business confidence index in manufacturing edged down by 0.1 percentage points in October, 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 October 2021 is less favourable compared to the previous month, the expectations for the production volume for the next three months are also less favourable, and 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.