Home / BUSINESS / Managers estimate increases in prices and activity in retail trade and construction – INS survey
Managers estimate increases in prices and activity in retail trade and construction - INS survey

Managers estimate increases in prices and activity in retail trade and construction – INS survey

According to the business tendency survey of March 2018 carried out by National Institute of Statistics (INS), managers from the manufacturing industry forecast a moderate growth of the production volume (balance +13 percent) for the next three months. For the manufacturing of beverages and the manufacturing of other non-metallic mineral products, a significant growth trend will be registered (balance +44 percent, 43 percent respectively).

For the prices of the industrial products, a moderate growth is forecasted for the next three months (balance +12 percent). Regarding the number of employees, a relative stability is estimated, the balance being 0 percent per total manufacturing.

At the same time, there will be a growth in the production volume of the construction activity for the next three months (balance +24 percent). Managers forecast a moderate growth in the number of employees (balance +7 percent). As to the prices of construction works, a growth is forecasted (balance +23 percent).

In the retail trade sector, managers estimate a growth trend in the economic activity for the next three months (balance +20 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 +8 percent) for the next three months. For the next period, managers of trade companies estimate a growth of the retail prices (balance +23 percent).

According to March estimations, the demand for services (turnover) will register a moderate growth for the next three months (balance +12 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 +12 percent).

About Anca Bernovici