In October 2024, business trend forecasts indicate varying expectations across Romania’s manufacturing, construction, retail trade, and services sectors for the upcoming three months.
Manufacturing
Managers in the manufacturing industry anticipate a moderate production volume increase, with a balance of +7%. However, the sector expects a slight reduction in workforce (balance -6%) alongside a moderate price increase for industrial products (balance +15%).
Construction
Construction activity is expected to see a moderate production decrease, with a balance of -11%. The workforce is forecasted to remain relatively stable, with only a minor decrease anticipated (balance -5%). Construction costs, however, are set to rise, with a significant increase forecasted in prices (balance +23%).
Retail Trade
The retail trade sector shows more robust growth expectations. Managers project a 20% increase in economic activity, supported by a 16% growth in orders placed with suppliers. Retail employment is also expected to rise moderately (balance +11%), and retail prices are projected to see a notable increase (balance +30%).
Services
In services, demand (measured as turnover) is expected to maintain relative stability over the next quarter, with only a slight increase (balance +5%). Employee numbers in this sector are anticipated to remain stable, while service prices are forecasted to grow moderately (balance +15%).
Overall, the data suggests varied outlooks by sector, with notable pricing pressure in construction, retail, and services.