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Capital goods. Tendencies, judgements and composite indicators. Diffusion index. Smoothed seasonally adjusted¹
	1st quarter 2015	2nd quarter 2015	3rd quarter 2015	4th quarter 2015	1st quarter 2016

	1st quarter 2015	2nd quarter 2015	3rd quarter 2015	4th quarter 2015	1st quarter 2016




Changes from previous quarter
Total volume of production	40.5	38.9	39.4	41.0	42.8
Average capacity utilisation	41.2	39.9	40.4	41.9	43.1
Average employment	41.5	35.0	30.8	30.2	32.5
New orders received from home markets	34.7	33.3	34.5	36.3	37.7
New orders received from export markets	33.2	32.7	33.6	34.2	33.3
Total stock of orders	31.4	30.2	31.1	32.9	32.3
Prices on products at home markets	45.9	43.6	43.0	43.1	43.3
Prices on products at export markets	46.5	45.7	44.5	42.0	39.5

Judgements of the current situation by end of quarter
Stocks of orders compared to current level of production	25.6	22.2	21.0	20.2	19.0
Inventories of own products ment for sale	48.2	47.6	48.0	48.2	47.8
Does the enterprise consider changes in the plans for gross capital investments	41.7	39.6	38.2	37.6	37.2
General judgement of the outlook for the enterprise in next quarter	36.2	34.6	35.3	37.1	38.7

Expected changes in next quarter
Total volume of production	40.9	38.4	36.3	36.0	36.4
Average capacity utilisation	42.0	39.1	38.3	40.6	42.7
Average employment	33.5	29.2	28.5	29.8	30.9
New orders received from home markets	35.4	33.8	34.9	37.6	39.3
New orders received from export markets	36.4	35.9	37.0	38.7	39.1
Total stock of orders	32.8	30.9	32.1	34.9	36.6
Prices on products at home markets	42.3	41.8	40.9	40.2	39.9
Prices on products at export markets	43.8	42.4	40.7	38.8	37.3

Composite indicators²
The utilisation of capacity at current level of production in per cent	79.9	77.9	76.4	76.0	76.3
Number of working months covered by stock of orders, weighted average	6.5	6.4	6.4	6.4	6.3
Indicator on resource shortage³	24.1	17.1	12.9	11.3	11.0
Demand and competition as limiting factors for production in current quarter, per cent	72	78	81	81	80
Confidence Indicator⁴	-16	-18	-20	-19	-20

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.