Business tendency survey for manufacturing, mining and quarrying, Q1 2017

Manufacturing, Mining and Quarrying. Tendencies. Diffusion index. Smoothed seasonally adjusted¹²
	1st quarter 2016	2nd quarter 2016	3rd quarter 2016	4th quarter 2016	1st quarter 2017
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.
²The diffusion index has a turning point at 50. A common way of interpreting an index value of 50 is to say that half the respondents has had an increase while the other a fall. An increasing index at or above 50 indicates that the growthrate is increasing, while a falling index above 50 indicates a falling rate of growth. Opposite for an index below 50.
Changes from previous quarter
Total volume of production	48.2	48.6	47.5	47.7	50.0
Average capacity utilisation	48.6	48.4	47.0	47.3	49.7
Average employment	41.1	42.1	42.2	43.1	45.7
New orders received from home markets	46.1	46.8	47.2	49.2	51.4
New orders received from export markets	43.0	42.6	43.6	45.6	48.0
Total stock of orders	43.0	43.6	43.9	45.7	48.2
Prices on products at home markets	49.4	50.3	50.1	49.9	50.1
Prices on products at export markets	48.1	48.3	48.2	48.0	48.8

Expected changes in next quarter
Total volume of production	46.8	49.3	51.1	52.1	52.2
Average capacity utilisation	49.1	50.8	51.9	52.1	51.8
Average employment	40.0	42.1	43.5	44.7	45.5
New orders received from home markets	47.8	50.0	52.0	52.8	53.2
New orders received from export markets	45.4	47.0	49.6	51.8	52.3
Total stock of orders	45.4	47.3	49.5	50.7	50.7
Prices on products at home markets	50.2	50.7	51.3	52.2	52.9
Prices on products at export markets	46.9	47.2	47.7	48.9	50.7

Additional information