Home / BUSINESS / Romanian managers forecast price hikes, the employees number could increase by July
Romanian managers forecast price hikes, the employees number could increase by July

Romanian managers forecast price hikes, the employees number could increase by July

Managers  from  the  manufacturing  industry forecast a moderate growth of the production volume (balance +14 percent) for the next three months, according to the business tendency survey of May  2018, carried out by National Institute of Statistics (INS). For the manufacturing of beverages a significant growth trend will be registered (balance  +47 percent), while the manufacture of basic pharmaceutical products and pharmaceutical preparations will  register a decrease (balance ‐27 percent).

Regarding the number of employees, a relative stability is estimated, the balance being +4 percent per total manufacturing. For the prices of the industrial products, a moderate growth is forecasted for the next three months (balance +10 percent).

According to May 2018 estimations, there will be a growth in the production volume of the construction activity for the next three months (balance +29 percent). Managers forecast a moderate growth in the number of employees (balance +9 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 +25 percent). The volume of orders placed by the trade units to the suppliers of goods will grow (balance +21 percent). Employers forecast a relative stability in the number of employees (balance +5 percent) for the next three months. For the next period, managers of trade companies estimate a growth of the retail prices (balance +28 percent).

At the same time, the demand for services (turnover) will register a growth for the next three months (balance +17 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).

About Anca Bernovici