INS: Managers expect advances in manufacturing, constructions, commerce and services

According to a survey by the National Institute of Statistics (INS), managers active in the manufacturing industry, constructions, commerce and services are forecasting a moderate growth in their companies’ activity for the upcoming three months.

The survey, conducted in August 2016, has shown that managers in the manufacturing industry are forecasting for the upcoming three months a moderate growth in the production volume (short term balance +8 pct). The manufacturing activity of non-metallic mineral products will record a significant growth (short term balance +36 percent), while the manufacture of basic pharmaceutical products and pharmaceutical products is facing a moderate decrease (short term balance – 10 percent).

In the manufacturing industry, the number of employees are expected to remain stable, with a short term balance of 2 percent overall. According to August forecasts, in the upcoming three months, the constructions sector will record a moderate growth in production volume (short term balance +10 percent). Managers also estimate that the number of employees will remain stable (short-term balance +1 percent). Similarly, the costs of construction works are expected to remain stable (+1 percent short-term balance).

In the retail sector, managers forecast that in the upcoming three months economic activities will increase (short-term balance +27). The volume of orders to suppliers of goods sent by businesses is also expected to grow (short term balance +25 percent).

According to the INS survey, employers forecast for the upcoming three months a moderate growth in the number of employees (short term balance +15 percent) and a stability of retail prices (short-term balance +2 percent).

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According to August estimates, the turnover will record a moderate growth in the upcoming three months, (short-term balance +11 percent). In the services sector the number of employees is expected to remain stable (short-term balance +4 percent). Managers also forecast that retail prices or invoice prices will remain stable (short-term balance +1 percent), the survey shows.

Georgeta Gheorghe