Date : 18 . 11 . 1996

MANUFACTURING INDUSTRY MONTHLY TENDENCY SURVEY
PRODUCTION, SALES, AND PRICES
IN OCTOBER 1996 AND
EXPECTATIONS FOR NOVEMBER 1996


ACCORDING TO THE PROVISIONAL RESULTS OF MONTHLY MANUFACTURING INDUSTRY TENDENCY SURVEY COMPILED FROM 545 ESTABLISHMENTS, THE PRODUCTION WEIGHTED CAPACITY UTILIZATION HAS BEEN DETERMINED TO BE 81.9 % IN OCTOBER 1996. THE FIGURE WAS 80.6 % IN THE SAME MONTH OF PREVIOUS YEAR.

The reasons for inability to full capacity utilization are:


                                      October 1995          October 1996
                                  -------------------   ------------------

Insufficient local demand                % 52.3                % 37.1
Insufficient foreign demand              % 15.3                % 12.1
Financial problems                       %  2.5                %  9.9
Insufficient local raw material supply   %  2.2                %  1.9
Problems with labour                     %  6.1                %  2.9
Insufficient foreign raw material supply %  0.7                %  0.7

60.9 % of the establishments stated an increase while the 20.9 % stated a decrease of production in October 1996. The figures in October 1995 were 45.2 %, and 35.7 %, respectively.

38.3 % of the establishments expect an increase, while 31.4 % expect a decrease in production in November 1996. In November 1995, the expectations were 35.7 %, and 28.9 %, respectively.