RSS
TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD AUGUST – OCTOBER 2020
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Moderate increase of activity in construction and retail trade
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Relative stability in the number of employees in construction and services
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Price growth in retail trade
Manufacturing
According to the business tendency survey of August 2020, managers from the manufacturing industry forecast a relative stability of the production volume for the next three months (balance +3%). Regarding the number of employees, a moderate decrease is estimated, the balance being -8% per total manufacturing. For the prices of the industrial products, a relative stability is forecasted for the next three months (balance +4%).
Construction
According to August 2020 estimations, there will be a moderate growth in the production volume of the construction activity for the next three months (balance +14%). Managers forecast a relative stability in the number of employees (balance +5%). As to the prices of construction works, a moderate growth is forecasted (balance +9%).
Retail trade
In the retail trade sector, managers estimate a moderate increasing trend in the economic activity for the next three months (balance +13). The volume of orders placed by the trade units to the suppliers of goods will register a moderate growth (balance +7%). Employers forecast a growth in the number of employees for the next three months (balance +17%). For the next period, managers of trade companies estimate a growth in the retail prices (balance +21%).
Services
According to August 2020 estimations, the demand for services (turnover) will register a relative stability for the next three months (balance +5%). For the services sector, a relative stability is estimated in the number of employees (balance -3%). According to the managers, the selling or invoice prices of provisions will register a moderate decreasing trend (balance -12%).