Table

Manufacturing. Tendencies, judgements and composite indicators. Diffusion index. Smoothed seasonally adjusted1
1st quarter 20172nd quarter 20173rd quarter 20174th quarter 20171st quarter 2018
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 production48.449.550.650.549.5
Average capacity utilisation48.449.851.051.951.9
Average employment44.947.449.750.550.2
New orders received from home markets50.350.151.652.751.9
New orders received from export markets47.849.750.551.653.8
Total stock of orders48.149.350.552.452.6
Prices on products at home markets50.451.653.154.354.7
Prices on products at export markets49.651.352.353.454.2
 
Judgements of the current situation by end of quarter
Stocks of orders compared to current level of production31.633.134.534.934.7
Inventories of own products ment for sale48.949.950.350.650.9
Does the enterprise consider changes in the plans for gross capital investments51.452.953.353.553.6
General judgement of the outlook for the enterprise in next quarter54.355.056.558.159.1
 
Expected changes in next quarter
Total volume of production53.054.255.957.858.8
Average capacity utilisation52.353.755.657.157.4
Average employment46.248.250.251.251.1
New orders received from home markets53.754.956.358.159.1
New orders received from export markets52.253.354.857.058.9
Total stock of orders51.853.355.356.757.4
Prices on products at home markets52.854.155.956.556.0
Prices on products at export markets50.352.153.153.353.1
 
Composite indicators2
The utilisation of capacity at current level of production in per cent77.177.677.877.977.9
Number of working months covered by stock of orders, weighted average4.04.14.14.14.2
Indicator on resource shortage318.119.319.720.120.7
Demand and competition as limiting factors for production in current quarter, per cent7068666463
Confidence Indicator414366