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

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




Changes from previous quarter
Total volume of production	50.6	50.8	52.3	52.2	51.0
Average capacity utilisation	50.2	50.1	51.1	52.2	52.7
Average employment	44.2	46.3	48.2	49.1	48.0
New orders received from home markets	46.6	49.0	50.4	51.7	53.1
New orders received from export markets	48.7	48.7	48.6	48.4	47.3
Total stock of orders	46.2	47.9	49.6	50.9	51.5
Prices on products at home markets	47.1	48.3	50.1	50.5	50.5
Prices on products at export markets	48.7	48.7	49.3	49.1	49.7

Judgements of the current situation by end of quarter
Stocks of orders compared to current level of production	28.8	30.3	32.3	35.0	37.6
Inventories of own products ment for sale	50.3	49.5	48.5	47.7	47.3
Does the enterprise consider changes in the plans for gross capital investments	48.1	49.3	50.4	51.3	51.6
General judgement of the outlook for the enterprise in next quarter	45.9	48.9	52.3	56.0	60.0

Expected changes in next quarter
Total volume of production	48.0	48.7	51.6	55.3	57.4
Average capacity utilisation	48.3	50.5	53.5	55.7	57.1
Average employment	41.3	43.3	46.4	49.7	51.9
New orders received from home markets	48.2	49.4	52.9	57.1	58.8
New orders received from export markets	46.9	48.1	50.7	54.0	55.6
Total stock of orders	47.0	48.0	51.9	57.1	59.8
Prices on products at home markets	51.4	51.9	52.1	52.1	52.8
Prices on products at export markets	48.2	48.3	48.4	49.2	51.0

Composite indicators²
The utilisation of capacity at current level of production in per cent	79.0	79.3	79.9	80.4	80.8
Number of working months covered by stock of orders, weighted average	2.8	2.9	3.0	3.1	3.2
Indicator on resource shortage³	20.8	21.2	22.7	23.6	24.2
Demand and competition as limiting factors for production in current quarter, per cent	70	69	67	66	67
Confidence Indicator⁴	-5	-3	4	2	11

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.