Optimism among managers in Romania. Gains estimated in all economic fields

Managers from manufacturing, construction, retail trade and services estimate an improvement of the economic activity in the April-June period, according to the business tendency survey published by the 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 a significant growth  trend  will  be  registered (balance  +45 percent),  while the manufacturing of tobacco products will register a decrease (balance ‐24 percent). The number of employees is estimated to remain stable, alongside a moderate increase in industrial prices (balance +12 percent).

In the construction sector, managers expect a growth in the production volume of the construction activity for the next three months (balance +30 percent) and a moderate growth of number of employees (balance +8 percent). On prices of construction works, managers forecast an increase (balance +18 percent).

In retail trade, managers expect 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). For the next three months, managers forecast a moderate increase in the number of employees (balance +12 percent). They also estimate growth of retail prices (balance +23 percent).

In the services sector, the demand for services (turnover) will register a moderate growth for the next three months (balance +11 percent). Managers expect a moderate growth in the number of employees (balance +7 percent).

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According to the managers, the selling or invoice prices of provisions will register a moderate growth trend (balance +7 percent).