Managers expect moderate growth in all economic fields in the next three months

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The managers estimate moderate growth in all economic fields, stability in terms of number of employees in industry, constructions, retail, as well as an advance of prices in industry, constructions and retail, the National Statistics Institute (INS) informs in its report on Trends in economic activity during February-April 2018.

The conjecture inquiry in February 2018 reveals that the managers in the processing industry expect, for the next three months, a moderate growth of the output (conjectural balance +9%). For the tobacco processing industry the conjectural balance is the highest, +36%. In terms of industrial prices, growth is expected during the next three months (conjectural balance +16%). Stability is expected regarding the number of employees, with a conjectural balance of -1% for the processing industry.

Constructions will register moderate growth of production (conjectural balance +8%), whereas the number of employees will be rather stable (conjectural balance -5%). Prices expected to grow (conjectural balance +21%).

In retail, the managers estimate a moderate growth trend of the economic activity (conjectural balance +13%) and relative stability in number of employees (conjectural balance +4%) and an increase of retail prices (conjectural balance +27%).

According to the estimated in February, the demand for services (turnout) will grow moderately during the next three months (conjectural balance +6%) and a moderate growth in number of employees (conjectural balance 9%). Managers believe the sale prices of services will have a moderate growth trend (conjectural balance +10%).

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