Content
Manufacturing. Tendencies, judgements and composite indicators. Diffusion index. Smoothed seasonally adjusted1 | 2nd quarter 2018 | 3rd quarter 2018 | 4th quarter 2018 | 1st quarter 2019 | 2nd quarter 2019 |
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| 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 | | | | | |
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| Total volume of production | 54.5 | 55.7 | 55.8 | 55.1 | 53.6 |
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| Average capacity utilisation | 53.8 | 54.9 | 55.7 | 55.2 | 53.3 |
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| Average employment | 51.3 | 52.7 | 54.1 | 55.0 | 54.6 |
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| New orders received from home markets | 54.1 | 53.9 | 53.9 | 54.1 | 54.1 |
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| New orders received from export markets | 55.7 | 55.2 | 53.7 | 52.4 | 52.1 |
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| Total stock of orders | 55.1 | 56.4 | 56.0 | 54.6 | 53.4 |
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| Prices on products at home markets | 56.6 | 56.7 | 56.4 | 55.7 | 54.5 |
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| Prices on products at export markets | 56.0 | 55.2 | 53.7 | 52.2 | 51.4 |
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| Judgements of the current situation by end of quarter | | | | | |
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| Stocks of orders compared to current level of production | 35.7 | 36.4 | 36.4 | 35.9 | 35.3 |
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| Inventories of own products ment for sale | 51.0 | 51.6 | 52.2 | 52.6 | 52.3 |
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| Does the enterprise consider changes in the plans for gross capital investments | 53.2 | 53.2 | 53.3 | 53.2 | 53.0 |
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| General judgement of the outlook for the enterprise in next quarter | 59.1 | 59.2 | 59.0 | 58.2 | 57.6 |
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| Expected changes in next quarter | | | | | |
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| Total volume of production | 59.0 | 59.6 | 59.8 | 58.9 | 58.3 |
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| Average capacity utilisation | 57.2 | 57.6 | 57.9 | 57.6 | 57.3 |
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| Average employment | 52.7 | 54.5 | 55.0 | 53.9 | 52.9 |
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| New orders received from home markets | 58.7 | 59.1 | 59.2 | 58.4 | 57.6 |
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| New orders received from export markets | 59.2 | 59.5 | 58.7 | 57.4 | 57.0 |
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| Total stock of orders | 58.4 | 58.9 | 58.3 | 57.2 | 56.7 |
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| Prices on products at home markets | 56.9 | 57.4 | 57.1 | 56.9 | 56.9 |
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| Prices on products at export markets | 54.6 | 55.2 | 54.3 | 53.0 | 51.9 |
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| Composite indicators2 | | | | | |
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| The utilisation of capacity at current level of production in per cent | 78.8 | 79.3 | 79.5 | 79.4 | 79.4 |
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| Number of working months covered by stock of orders, weighted average | 4.0 | 4.0 | 4.0 | 4.0 | 4.1 |
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| Indicator on resource shortage3 | 23.2 | 24.4 | 25.4 | 27.1 | 28.7 |
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| Demand and competition as limiting factors for production in current quarter, per cent | 62 | 61 | 61 | 59 | 57 |
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| Confidence Indicator4 | 9 | 9 | 9 | 7 | 6 |
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