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TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD AUGUST - OCTOBER 2017
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Growth tendency of activity in retail trade and moderate increase in industry, constructions and services
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Stability in the number of employees in industry, constructions and services
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Increase of prices in retail trade and moderate increase in industry and constructions
Managers in the manufacturing industry, construction, retail and services expect an activity increase in the next three months, the National Institute of Statistics (INS) said in Monday release.
"According to the short-term survey conducted in August 2017, managers in the manufacturing industry expect the output volume to see a moderate increase in the next three months (short-term balance + 6 pct). A more significant growth trend is expected for the industry of non-metallic mineral products (short-term balance + 25 pct), while prices of industrial products are expected to see a moderate growth in the next three months (short-term balance + 7 pct).
The number of employees is expected to keep relatively stable, with a short-term balance of + 3pct for the manufacturing industry overall.
According to August 2017 estimates, there will be a moderate increase in the construction output (volume) (short-term balance + 9 pct), while the number of employees will stay relatively stable (short-term balance + 2 pct).
The prices of construction works are expected to grow moderately (short-term balance +8 pct).
In the retail trade sector managers expect the economic activity to follow an upward trend (short-term balance +18 pct) and the volume of orders to suppliers of goods to also advance (short-term balance +14 pct). The employers forecast for the next three months a moderate increase in the number of employees (short-term balance +12 pct). Retail prices are expected to go up (short-term balance +18 pct).
According to the cited estimates, the demand for services (turnover) will see a moderate advance in the next three months (short-term balance +11 pct). The number of employees in the service sector will stay relatively stable (short-term balance +4 pct). According to the managers, selling or billing prices will also keep stable (short-term balance +4 pct), INS informed.