Survey does not indicate any significant recovery
A survey of industry sector trends in January did not show any significant change compared to the previous month, revealed the MAT magazine.
Thursday, 14.02.2013.
14:36
BELGRADE A survey of industry sector trends in January did not show any significant change compared to the previous month, revealed the MAT magazine. A survey of industry sector trends in January did not show any significant change compared to the previous month, revealed the MAT magazine. Survey does not indicate any significant recovery The general business climate indicator increased by 0.5 percentage points, a slight increase against December. The situation was the exactly the same in January 2011. The indicator of expected sales, the most important indicator of future economic activity, stood at 8.9 percentage points in January, a rise of 4.3 percentage points from December 2012. The value of this indicator in January of this year does not indicate a strong recovery of the domestic industry in the next three months. In January, 18.9 percent of companies said that the greatest business obstacle they faced was absence of import inputs. In addition, 49.3 percent of firms said that their biggest obstacle they faced in doing business was poor demand. The level of use of production capacity in the sectors of private and state-owned property in January was 70.7 percent and was less by 1.5 percentage points against December. Year-on-year, the level of use of production capacity was up by 0.8 percentage points. The January survey also showed a rise in inflation expectations and a growth in the level of business risk expected. Based on MAT's forecast, in the first quarter of 2013, industrial production should grow by about 2.5 percent against the same period last year, while consumer prices in the first quarter of 2013 should go up by approximately three percent compared to December 2012. In the first quarter of 2013, the retail trade turnover at current prices should grow by about 2.5 percent compared to the same period in 2012, while the retail trade turnover at constant prices should be reduced by about five percent. The export of goods (in euros) should increase by 15 percent, while imports of goods should be at the level from the first quarter of the 2012. Tanjug
Survey does not indicate any significant recovery
The general business climate indicator increased by 0.5 percentage points, a slight increase against December. The situation was the exactly the same in January 2011.The indicator of expected sales, the most important indicator of future economic activity, stood at 8.9 percentage points in January, a rise of 4.3 percentage points from December 2012.
The value of this indicator in January of this year does not indicate a strong recovery of the domestic industry in the next three months.
In January, 18.9 percent of companies said that the greatest business obstacle they faced was absence of import inputs. In addition, 49.3 percent of firms said that their biggest obstacle they faced in doing business was poor demand.
The level of use of production capacity in the sectors of private and state-owned property in January was 70.7 percent and was less by 1.5 percentage points against December.
Year-on-year, the level of use of production capacity was up by 0.8 percentage points.
The January survey also showed a rise in inflation expectations and a growth in the level of business risk expected.
Based on MAT's forecast, in the first quarter of 2013, industrial production should grow by about 2.5 percent against the same period last year, while consumer prices in the first quarter of 2013 should go up by approximately three percent compared to December 2012.
In the first quarter of 2013, the retail trade turnover at current prices should grow by about 2.5 percent compared to the same period in 2012, while the retail trade turnover at constant prices should be reduced by about five percent.
The export of goods (in euros) should increase by 15 percent, while imports of goods should be at the level from the first quarter of the 2012.
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