Date : 16 . 11 . 1995

QUARTERLY MANUFACTURING INDUSTRY TENDENCY SURVEY
PRODUCTION, SALES, AND PRICES
IN 1995 THIRD QUARTER (JULY-AUGUST-SEPTEMBER)
EXPECTATIONS FOR THE FOURTH QUARTER
(OCTOBER-NOVEMBER-DECEMBER)


ACCORDING TO THE PROVISIONAL RESULTS OF QUARTERLY MANUFACTURING INDUSTRY TENDENCY SURVEY COMPILED FROM 1892 ESTABLISHMENTS, THE PRODUCTION WEIGHTED CAPACITY UTILIZATION HAS INCREASED TO 80.3 % IN THE THIRD QUARTER OF 1995. THE FIGURE WAS 72.8 % IN THE SAME QUARTER OF PREVIOUS YEAR.

The reasons for inability to full capacity utilization are:


                                   1994 3rd quarter     1995 3rd quarter
                                  -------------------   ------------------

Insufficient local demand                % 57.4                 % 51.4
Insufficient foreign demand              % 15.1                 % 16.0
Financial problems                       %  6.5                 %  4.3
Insufficient local raw material supply   %  4.3                 %  4.6
Insufficient foreign raw material supply %  1.6                 %  3.3
Problems with labour                     %  2.8                 %  4.5

64.0 % of the establishments stated an increased while the 21.4 % stated a decrease of production in the third quarter of 1995. The figures in the same quarter of the previous year were 62.8 %, and 23.1 %, respectively.

45.3 % of the establishments expect an increase, while 29.6 % expect a decrease in production in the fourth quarter of 1995. In the same quarter of 1194, the expectations were 52.8 %, and 18.4 %, respectively.

As for domestic sales,

68.1 % of the establishments stated an increased while the 19.3 % stated a decrease of production in the third quarter of 1995. The figures in the same quarter of the previous year were 68.5 %, and 18.5 %, respectively.

44.7 % of the establishments expect an increase, while 29.2 % expect a decrease in production in the fourth quarter of 1995. The expectations in previous year were 46.3 %, and 23.4 %, respectively.