Page 9 - Ekonomija i Biznis_noemvri 2016.indd

The leading composite index predicts Leading composite index
the economic activity on the basis of
combination of indicators that are The leading composite
considered predecessors of the economic index in the Macedonian
activity with a prognosis period of
approximately six months in advance. economy did not
Some indicators combined with this undergo significant
index include the following: number of
unemployed people who are registered for a changes
remuneration, issued construction permits,
index of new orders in the manufacturing Leading composite index
industry, loans placed on enterprises,
import of machines and equipment, etc.
In August 2016, the leading composite
index for prognosis of the future economic
activities increased mildly, however
insignificantly. The monthly dynamics of the
index increased by insignificant 0.9 index
points, while the annual dynamics increased
by only 5 index points, which is a similar
dynamics as in the previous two months.

Diffuse index of future economic activity

The diffuse index of the future economic
activity is an indicator of the share of the
composite index components for the
future economic activity, which increased
during the month. According to this index,
in August 2016, approximately half of
the components of the index increased,
however it is typical that this growth is small.

Source: by order of Economy and Business.
www.financethink.mk

November 2016 9