Table

Manufacturing. Tendencies, judgements and composite indicators. Diffusion index. Smoothed seasonally adjusted1
3rd quarter 20134th quarter 20131st quarter 20142nd quarter 20143rd quarter 2014
1A diffusion index is compiled using the estimated percentages on "ups" and "same" according to the formula: (ups + 0,5 * same) after adjustments for non-response.
2Composite indicators are not precented as diffusionindices, but in per cent, number of months and balance
3Indicator on resource shortage is the sum of percentages for those who have pointed out that lack of qualified labour and raw materials/electric power limits production, plus the percentage of establishments with capacity utilisation above 95 per cent. See also table 10.
4Industrial confidence indicator is the average of the answers (balances) to the questions on production expectations, total stock of orders and inventories of own products ment for sale (the latter with inverted sign). The indicator is presented as seasonally adjusted balance. See also table 9.
Changes from previous quarter
Total volume of production52.654.054.653.151.3
Average capacity utilisation53.154.153.952.350.7
Average employment51.350.149.649.450.0
New orders received from home markets50.250.850.549.748.9
New orders received from export markets52.655.354.752.450.2
Total stock of orders52.153.953.752.150.2
Prices on products at home markets53.053.854.654.052.4
Prices on products at export markets50.353.453.351.350.0
 
Judgements of the current situation by end of quarter
Stocks of orders compared to current level of production33.234.835.435.335.3
Inventories of own products ment for sale49.449.248.948.749.3
Does the enterprise consider changes in the plans for gross capital investments51.151.651.350.850.4
General judgement of the outlook for the enterprise in next quarter54.754.453.853.152.1
 
Expected changes in next quarter
Total volume of production56.157.056.655.554.1
Average capacity utilisation55.955.955.254.653.6
Average employment49.749.748.847.445.6
New orders received from home markets56.255.353.752.150.7
New orders received from export markets56.255.053.852.951.6
Total stock of orders55.554.252.851.951.1
Prices on products at home markets55.456.356.155.354.6
Prices on products at export markets54.254.052.251.051.1
 
Composite indicators2
The utilisation of capacity at current level of production in per cent79.579.980.580.579.9
Number of working months covered by stock of orders, weighted average4.24.24.44.44.4
Indicator on resource shortage325.927.528.727.124.5
Demand and competition as limiting factors for production in current quarter, per cent6464646566
Confidence Indicator468672