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Managers forecast a moderate activity growth in manufacturing and services on short-term

INS: Managers expect moderate growth in all economic activites for the next months

Managers from the manufacturing industry forecast a moderate growth of the production volume (balance +13 percent) for the next three months, according to the business tendency survey of April  2018, carried out by National Institute of Statistics (INS).

For the manufacturing of beverages a significant growth trend will be registered (balance  +45 percent), while the manufacturing of tobacco products will register a decrease (balance ‐24 percent).

Regarding the number of employees, a relative stability is estimated, the balance being +1 percent per  total manufacturing.

For the prices of the industrial products, a moderate growth is forecasted for the next three months (balance +12 percent).

The same estimations show that there will be a growth in the production volume of the construction activity for the next three months (balance +30 percent). Managers forecast a moderate growth in the number of employees (balance +8 percent). As to the prices of construction works, a growth is forecasted (balance +18 percent).

In the retail  trade sector, managers estimate a growth  trend in the economic activity  for the next three months (balance  +21 percent). The  volume  of  orders  placed  by  the  trade  units  to  the  suppliers  of  goods  will register a moderate growth (balance +7 percent). Employers  forecast a moderate growth in  the  number  of employees (balance +12 percent)  for  the  next  three months. For the next period, managers of trade companies estimate a growth of the retail prices (balance +23 percent).

As regards the demand for services (turnover), this will register a moderate growth for the next three months (balance +11 percent). For the services sector it is forecasted a moderate growth in the number of employees (balance +7 percent). According  to  the  managers,  the  selling  or  invoice  prices  of  provisions  will  register  a  moderate  growth trend (balance +7 percent).

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