Macedonia Business Confidence

Business Confidence in Macedonia decreased to 32.10 Index Points in July from 32.80 Index Points in June of 2019. Business Confidence in Macedonia averaged 7.19 Index Points from 2001 until 2019, reaching an all time high of 32.80 Index Points in June of 2019 and a record low of -35.80 Index Points in August of 2001.

Business Confidence in Macedonia is expected to be 25.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Macedonia to stand at 17.00 in 12 months time. In the long-term, the Macedonia Business Confidence is projected to trend around 15.00 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-05-15	10:00 AM	Business Confidence Apr	31.8	31.4	30.2
2019-06-19	09:45 AM	Business Confidence May	32.1	31.8	31.3
2019-07-16	11:00 AM	Business Confidence Jun	32.8	32.1	31
2019-08-16	10:00 AM	Business Confidence Jul	32.1	32.8	32.5
2019-09-17	10:00 AM	Business Confidence Aug		32.1	27
2019-10-16	10:00 AM	Business Confidence Sep			25
2019-11-18	11:00 AM	Business Confidence Oct

Macedonia Business	Last	Previous	Highest	Lowest	Unit
Industrial Production	-2.70	1.20	24.50	-14.50	percent	[+]
Manufacturing Production	-6.70	-0.40	38.50	-23.60	percent	[+]
Changes in Inventories	67659.39	51319.90	67659.39	7337.00	MKD Million	[+]
Internet Speed	7707.57	7775.41	7775.41	1236.37	KBps	[+]
IP Addresses	377561.00	405430.00	421547.00	56872.00	IP	[+]
Steel Production	24.60	22.00	40.00	0.00	Thousand Tonnes	[+]
Ease of Doing Business	10.00	11.00	69.00	10.00		[+]
Competitiveness Index	56.62	4.23	56.62	3.73	Points	[+]
Competitiveness Rank	84.00	68.00	94.00	60.00		[+]
Business Confidence	32.10	32.80	32.80	-35.80	Index Points	[+]
Corruption Index	37.00	35.00	45.00	23.00	Points	[+]
Corruption Rank	93.00	107.00	107.00	62.00		[+]

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 August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	32.10	32.80	32.80	-35.80	2001 - 2019	Index Points	Monthly	NSA

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Country	Last		Previous	Range
Australia	4.00	Jul/19	2	21 : -30	Index Points
Brazil	59.40	Aug/19	57.4	68.5 : 35	Index Points
Canada	54.20	Jul/19	52.4	75 : 36.1	Index Points
China	49.70	Jul/19	49.4	59.2 : 38.8	Index Points
Euro Area	-0.12	Jul/19	0.17	1.62 : -3.3	Index Points
France	101.00	Jul/19	102	124 : 66	Index Points
Germany	95.70	Jul/19	97.5	110 : 79.9	Index Points
India	113.50	Jun/19	116	128 : 96.4	Index Points
Indonesia	108.81	Jun/19	102	122 : 95.12	Index Points
Italy	100.10	Jul/19	101	122 : 71.5	Index Points
Japan	7.00	Jun/19	12	53 : -58	Index Points
Mexico	49.50	Jul/19	50.7	58.6 : 34	Index Points
Netherlands	3.90	Jul/19	3.3	10.9 : -23.5	Index Points
Russia	-1.00	Jul/19	-1	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-11.00	Jun/19	1	54 : -57	Index Points
South Africa	28.00	Jun/19	28	92 : 12	Index Points
South Korea	73.00	Jul/19	75	119 : 35	Index Points
Spain	-2.80	Jul/19	-3.7	8.5 : -39	Index Points
Switzerland	97.10	Jul/19	93.8	119 : 71.8	Index Points
Turkey	98.30	Jul/19	102	123 : 52.6	Index Points
United Kingdom	-32.00	Sep/19	-13	55 : -75	Index Points
United States	51.20	Jul/19	51.7	77.5 : 29.4	Index Points