KIET Manufacturing Business Survey Index(BSI) for the 2nd Quarter 2022

The overall composite Business Survey Index for the manufacturing sector in Q2 2022 remained under the baseline (100). However, most feeder indices have increased compared to the previous quarter. Specifically, business conditions (90), sales (95), domestic demand (94), exports (96), and others in the manufacturing sector have increased this quarter; only inventory (100) and financial conditions (83) recorded a decrease.The BSI outlook for Q3 2022 indicates that manufacturers anticipate an unfavorable business environment compared the previous quarter. Most indices for the manufacturing sector are forecast to be below the baseline, as only facilities investment (101), operation ratio of facilities (101), inventory (101) and employment (103) are projected to stay over baseline levels in the next quarter