Business tendency survey for manufacturing, mining and quarrying, Q3 2020

Manufacturing, Mining and Quarrying. Tendencies. Diffusion index. Smoothed seasonally adjusted¹²
	3rd quarter 2019	4th quarter 2019	1st quarter 2020	2nd quarter 2020	3rd quarter 2020
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	53.0	49.8	45.7	44.9	47.0
Average capacity utilisation	53.1	50.3	46.1	44.7	46.5
Average employment	52.1	48.8	44.8	42.9	44.9
New orders received from home markets	51.2	46.7	42.2	41.6	44.4
New orders received from export markets	50.1	46.9	43.2	40.6	41.6
Total stock of orders	49.5	46.6	45.3	46.7	49.0
Prices on products at home markets	54.1	54.7	54.5	54.1	54.2
Prices on products at export markets	52.0	53.3	53.3	52.6	52.1

Expected changes in next quarter
Total volume of production	52.0	45.7	42.1	44.2	48.0
Average capacity utilisation	52.4	46.7	43.3	45.3	48.5
Average employment	48.7	44.3	41.4	42.0	44.3
New orders received from home markets	54.2	51.8	50.1	49.0	48.5
New orders received from export markets	55.4	52.5	49.1	46.4	45.7
Total stock of orders	50.1	44.6	41.4	42.1	44.5
Prices on products at home markets	55.9	55.1	54.5	54.8	55.6
Prices on products at export markets	51.3	50.4	49.5	50.3	52.0

Additional information