Table

Manufacturing. Tendencies, judgements and composite indicators. Diffusion index. Smoothed seasonally adjusted1
4th quarter 20171st quarter 20182nd quarter 20183rd quarter 20184th 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 production51.352.554.655.755.1
Average capacity utilisation51.852.954.155.255.4
Average employment50.450.551.452.652.8
New orders received from home markets53.454.454.954.653.0
New orders received from export markets51.954.255.655.154.5
Total stock of orders52.353.554.956.356.5
Prices on products at home markets54.355.656.556.656.3
Prices on products at export markets53.555.255.955.154.0
 
Judgements of the current situation by end of quarter
Stocks of orders compared to current level of production34.735.135.636.436.9
Inventories of own products ment for sale50.650.951.051.551.9
Does the enterprise consider changes in the plans for gross capital investments53.553.353.253.152.9
General judgement of the outlook for the enterprise in next quarter58.359.158.859.160.5
 
Expected changes in next quarter
Total volume of production57.758.758.959.460.3
Average capacity utilisation56.957.257.157.558.2
Average employment50.851.352.554.455.8
New orders received from home markets58.258.858.658.959.8
New orders received from export markets57.258.658.959.459.8
Total stock of orders56.757.658.358.859.0
Prices on products at home markets56.556.156.857.256.8
Prices on products at export markets53.353.254.154.654.3
 
Composite indicators2
The utilisation of capacity at current level of production in per cent77.878.278.879.379.6
Number of working months covered by stock of orders, weighted average4.14.14.14.04.0
Indicator on resource shortage319.921.523.424.624.9
Demand and competition as limiting factors for production in current quarter, per cent6463626161
Confidence Indicator477999