SKOPJE, April 18 (Xinhua) -- Business confidence in Macedonia's manufacturing industry was 3.3 percentage points higher in March 2017 compared to a year ago, Macedonia's state statistical office said in a report Tuesday.
On monthly basis, the confidence indicator rose by 0.3 percentage points, data showed.
According to managers of the business entities, the situation with the volume of production orders was more satisfactory in March compared to the previous month.
In the meantime, their expectations for the production volume for the next three months are more satisfactory compared to the previous month, statistical office said.
On the other hand, business managers said that the stocks of finished goods had decreased.
The estimation of the economic situation is less satisfactory compared to the previous month, but more satisfactory compared to March 2016. The number of employees is expected to increase, managers said.
