BUSINESS CONDITIONS IN: |
STATISTICS | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Assessment of Current Conditions | Predictions and Expectations >> Of the factors limiting production performance in the sector, predominant ones do not differ form those stressed by the respondents in previous quarters, e.g. shortage of circulated assets (69% of the respondents), exorbitant interest rates on bank loans (41%); taxes (37,5%); poor customer demand (34%); shortage of equipment and mechanisms (33%). In respect of the other factors, the respondents' views look as follows:
In this quarter 2,7% of the respondents say they do not face any factors affecting their production process. This follows the assessment given in respect of the previous quarter. ![]() Customer demand is assessed by the respondents as follows: (% of the total number of responses)
Sales in cattle-breeding sub-sector featured downward trend in I quarter 2000 according to the reports of more the a half of the respondents (-32% balance). In respect of plant-growing the tendency in quite similar, although the recession is even stronger (-54%). The share of full-time employment at respondent companies fell by nearly 8 percentage points and made 63,7% (against 71,2% and 78,8% in previous quarters, which is apparently related to seasonal nature of agricultural activities); the share of out of work employment grew from 7% to 9,8%.
The situation in respect of debt on labour payment is as bad as before, although there's some reduction in the share of the companies whose debt exceeds 6 months (53% against 57% and 59% in the previous quarters). Basically, the debt in the sector doesn't feature any move downward.
Financial performance of own company in I quarter 2000 is assessed by
the managers as far worse than in the previous quarter, the balance being -42%
(against -32% in IV quarter 1999), e.g. once and again the recession rates of
this indicator increased. By ownership category, the balance makes -44% for public
enterprises, -43% for collectively-owned and -27% of private enterprises. The
performance is "good" as reported by only 1% of the total number of the respondents
(the latter reports being confined to collective ownership category). The performance
is "satisfactory" according to 22% of the respondents (of these, private sub-sector
accounts for 36%). The rest of the respondents assess own financial and economic
performance as bad. |
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