Macedonia Business Confidence

Business Confidence in Macedonia increased to 31.80 Index Points in April from 31.40 Index Points in March of 2019. Business Confidence in Macedonia averaged 6.84 Index Points from 2001 until 2019, reaching an all time high of 31.80 Index Points in April of 2019 and a record low of -35.80 Index Points in August of 2001.

Business Confidence in Macedonia is expected to be 31.00 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 20.00 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
2019-02-15	11:00 AM	Business Confidence	30.0	30.4	30
2019-03-15	04:50 PM	Business Confidence	30.8	30.0	30.3
2019-04-17	10:50 AM	Business Confidence	31.4	30.8	30.5
2019-05-15	10:00 AM	Business Confidence	31.8	31.4	30.2
2019-06-18	10:00 AM	Business Confidence		31.8	31.3
2019-07-16	10:00 AM	Business Confidence			31
2019-08-15	10:00 AM	Business Confidence

Macedonia Business	Last	Previous	Highest	Lowest	Unit
Industrial Production	5.50	7.50	24.50	-14.50	percent	[+]
Manufacturing Production	8.80	7.30	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	22.20	20.00	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	31.80	31.40	31.80	-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 June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	31.80	31.40	31.80	-35.80	2001 - 2019	Index Points	Monthly	NSA

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Country	Last		Previous	Range
Australia	7.00	May/19	0	21 : -30	Index Points
Brazil	56.50	May/19	58.4	68.5 : 35	Index Points
Canada	55.90	May/19	55.9	75 : 36.1	Index Points
China	49.40	May/19	50.1	59.2 : 38.8	Index Points
Euro Area	0.30	May/19	0.42	1.62 : -3.3	Index Points
France	104.00	May/19	101	124 : 66	Index Points
Germany	97.90	May/19	99.2	110 : 79.8	Index Points
India	113.50	Jun/19	116	128 : 96.4	Index Points
Indonesia	102.10	Mar/19	105	122 : 95.12	Index Points
Italy	102.00	May/19	101	122 : 71.6	Index Points
Japan	12.00	Mar/19	19	53 : -58	Index Points
Mexico	52.40	May/19	52.4	58.6 : 34	Index Points
Netherlands	4.70	May/19	6.7	10.9 : -23.5	Index Points
Russia	-1.00	May/19	-2	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	1.00	Mar/19	-14	54 : -57	Index Points
South Africa	28.00	Jun/19	28	92 : 12	Index Points
South Korea	76.00	May/19	75	119 : 35	Index Points
Spain	-3.30	May/19	-3.7	8.5 : -39	Index Points
Switzerland	94.40	May/19	96.2	119 : 71.8	Index Points
Turkey	98.90	May/19	106	123 : 52.6	Index Points
United Kingdom	-13.00	Jun/19	-23	55 : -75	Index Points
United States	52.10	May/19	52.8	77.5 : 29.4	Index Points