Managers from the manufacturing industry in Romania expect the output volume to grow in the coming three months
Activity in the manufacturing industry, the sector of constructions and retail trade is expected to grow April - June 2016, and prices in industry, constructions and services will keep stable, reveals the short-term inquiry conducted this April by the National Institute of Statistics (INS).
The short term inquiry conducted this April found that managers from the manufacturing industry expect the output volume to grow in the coming three months (short-term balance +18 pct). The manufacturing of chemical substances and products will see an accentuated upward trend (short term balance +42 pct), whereas tobacco manufacturing will see a steep decline (short-term balance - 43 pct).
The projection for prices of industrial goods is of relative stability in the next three months (short-term balance +1 pct). The number of employees too is expected to stay relatively stable, with a short term balance of + 2 percent for the manufacturing industry overall.
According to April 2016 estimates the construction sector will see a boost in both the production volume in the following three months (short-term balance + 28 pct), and the stock of contracts and orders (short-term balance + 23 pct). The managers estimate a moderate increase in the number of employees (short-term balance +9 pct). Construction work prices are expected to stay relatively stable (short-term balance +3 pct).
In the retail trade sector managers expect economic activity to follow an upward trend (short-term balance +26 pct) and the volume of orders to suppliers of goods to grow (short-term balance + 19 pct). The employers forecast for the next three months a moderate growth in the number of employees (short-term balance + 9 percent) and a moderate advance in retail prices (short-term balance +7 pct).
According to April 2016 estimates, the demand for services (turnover) will increase in the next three months (short-term balance +16 pct). The number of employees in the service sector is expected to stay relatively stable (short-term balance +4 pct). According to the managers, selling or billing prices will stay relatively stable (short-term balance +2 pct). (source: actmedia.eu)
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