INS: Next quarter to bring activity growth across all economic sectors

According to the latest business tendency survey by the National Institute for Statistics (INS), company managers expect activity growth across all economic sectors. In terms of number of employees, construction and retail trade are expected to see a moderate increase, while prices will see a rise only in retail trade.

Managers from manufacturing forecast the growth of the production volume by 18 percent over the next three months. Significant increase is expected in the manufacture of chemicals and chemical products (42 percent), while for the manufacturing of tobacco products the tendency will be of significant decrease (43 percent).

A relative stability is forecast in terms of prices over the next three months (+1 percent), same as for the number of employees (+2 percent per total manufacturing).

In construction a 28 percent rise in activity is expected over the next quarter, as well as in the stock of contracts and orders (+23 percent).

A moderate 9 percent advance in number of employees is expected, while prices will see a relative stability (+3 percent).

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A growth in activity similar to the construction field is expected in retail trade (+26 percent), while the volume of orders placed by the trade units to the suppliers of goods is expected to rise by 19 percent for the next quarter.

Moderate advances are expected for number of employees (+9 percent) and selling prices (+7 percent).

Services are expected to see the smallest increase in turnover at 16 percent, while the number of employees and the selling or invoice prices of provisions will register a trend of relative stability at +4 percent and +2 percent, respectively.

Natalia Martian