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Manufacturing Confidence Index Up 0.3 Percent Compared to February

Business | April 18, 2017, Tuesday @ 18:30| 57 views

Illustration Photo: MIA/Print Screen

Manufacturing indicators for March show improvement in business confidence, the State Statistics Bureau informed on Tuesday. Their manufacturing confidence index increased by 0.3 percent compared to February, and by 3.3 percent compared to March 2016.

On average, manufacturing plants were used with 65.3 percent of their normal capacity. Business owners said that the main problems they face are lack of foreign demand (22.5 percent), lack of domestic demand (19.7 percent) and the lack of qualified workforce (16.3 percent).

Tags: improvement, index, manufacturing, lack


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