Business confidence in Macedonia's manufacturing industry grew by 0.6 percentage point in July from the previous month, the country's statistical office said Tuesday.
In July, the country's average capacity utilization level of the business entities went up to 64.9 percent of normal utilization, the office said in a report. It was 5.6 percentage points higher compared with the same period last year, according to the report.
"The factors that had the greatest influence on limiting the production volume in July 2016 were insufficient foreign demand, insufficient domestic demand, shortage of skilled labor and uncertainty on the economic environment," said the report.
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