Macedonia Business Confidence  2001-2017 | Data | Chart | Calendar

Manufacturing confidence in Macedonia declined to 24.4 in May of 2017 from 24.9 in the previous month. It was the lowest level since July of 2016, as the estimations were less satisfactory for the economic situation and the production volume for the next three months. Also, the situation with the current volume of production orders worsened and the number of employees was expected to remain almost the same. Meanwhile, the stocks of finished goods decreased. Business Confidence in Macedonia averaged 3.86 from 2001 until 2017, reaching an all time high of 27.11 in August of 2011 and a record low of -35.80 in August of 2001.

Macedonia Business Confidence
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-04-18 11:00 AM Mar 25.1 25.3 25
2017-05-15 10:00 AM Apr 24.9 25.1 24.8
2017-06-14 10:10 AM May 24.4 24.9 24.4
2017-07-14 11:00 AM Jun 24.4 24.36
2017-08-15 11:00 AM Jul 24.21
2017-09-15 10:15 AM Aug 24.16




Macedonia Business Last Previous Highest Lowest Unit
Industrial Production -1.90 -0.90 24.50 -14.50 percent [+]
Manufacturing Production -2.80 -0.70 38.50 -23.70 percent [+]
Changes in Inventories 44099.00 35901.00 44099.00 7337.00 MKD Million [+]
Corruption Index 37.00 42.00 45.00 23.00 Points [+]
Corruption Rank 90.00 66.00 106.00 62.00 [+]
Competitiveness Index 4.23 4.28 4.28 3.73 Points [+]
Competitiveness Rank 68.00 60.00 94.00 60.00 [+]
Business Confidence 24.40 24.90 27.11 -35.80 [+]
Ease of Doing Business 10.00 16.00 69.00 10.00 [+]
Steel Production 26.60 31.60 38.00 0.00 Thousand Tonnes [+]


Macedonia Business Confidence Notes

In Macedonia, the Business Tendency Survey in Manufacturing industry is a qualitative survey that uses opinion-testing techniques and collects a sample of 250 business entities classified in the division No 15 to 36 of the National Classification of Activities (NACE). It collects qualitative (good, satisfactory, bad, up, unchanged, down etc.), not quantitative (numerical) data from business managers on their assessment of the current situation of the main economic indicators in their business entities and their expectations for the directions of movements of those indicators in the near future. The data is presented in the form of balances, obtained by taking the difference between weighted positive and negative answers expressed in percent. This page provides - Macedonia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Macedonia Business Confidence - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
24.40 24.90 27.11 -35.80 2001 - 2017 Monthly
NSA



business confidence by Country

Last
Australia 7.00 May/17
Brazil 51.90 Jun/17
Canada 53.80 May/17
China 51.20 May/17
Euro Area 0.90 May/17
France 108.00 Jun/17
Germany 115.10 Jun/17
India 57.20 Jun/16
Indonesia 103.42 Mar/17
Italy 107.30 Jun/17
Japan 12.00 Mar/17
Mexico 47.55 May/17
Netherlands 6.10 May/17
Russia -1.00 Jun/17
South Korea 82.00 May/17
Spain 0.50 May/17
Switzerland 101.60 May/17
Turkey 112.40 Jun/17
United Kingdom 1.00 Jun/17
United States 54.90 May/17