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TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD JANUARY ? MARCH 2017
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Relative stability tendency of activity in manufacturing and services
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Tendency of decrease in the number of employees in construction and of moderate decrease in retail trade
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Stability of prices in all economic sectors
Managers in the building industry and retail trade expect the number of employees and the activity in their respective sector to decrease in the following three months, while those in the manufacturing industry and services foresee a relative stability, the National Institute of Statistics (INS) said in a Friday release.
In the January 2017 short term survey, managers in the manufacturing industry expect the output volume to stay relatively stable in the coming three months (short-term balance +3 pct). An upward trend is expected for the manufacturing of motor vehicles, trailers and semi-trailers (short-term balance +31 pct), while the pulp and paper products industry will see a downward trend (short-term balance -23 pct). The prices for industrial goods are expected to stay relatively stable in the next three months (short term balance +3 pct), reads the document.
As far as the number of employees is concerned, it is expected to keep stable, with a short-term balance of +3pct for the manufacturing industry overall.
According to January 2017 estimates, the construction industry will see a decrease in the production volume in the next three months (short-term balance -22 pct). The managers expect a moderate decline in the number of employees (short-term balance -15 pct). The prices of construction works are expected to stay relatively stable (short-term balance -1 pct), the source mentions.
In the retail trade sector managers expect the economic activity to follow a downward trend (short-term balance -22 pct) and the volume of orders to suppliers of goods to drop as well (short-term balance -17 pct). The employers forecast for the next three months a decline in the number of employees (short-term balance -20 pct). Retail prices are expected to flatline (short-term balance 0 pct).
According to January 2017 estimates, the demand for services (turnover) will keep stable in the next three months (short-term balance 0 pct). Almost no fluctuations are expected in the number of employees in the service sector (short-term balance +2 pct). According to the managers, selling or billing prices will also keep stable (short-term balance +2 pct), INS informed.