In July the Industrial Confidence Indicator has decreased compared to April (from 0.07 to 0.02). It has happened because of the reduction of the component “Expected production level” from 0.47 to 0.02. The component “New orders”, which has grown from -0.45 to -0.37, has smoothed the negative influence of the worse production plans than in April. The third component of this aggregate indicator “Stock of finished goods” has not changed in July compared to April and equals to -0.21.