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TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD JANUARY – MARCH 2020
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Relative stability of activity in manufacturing, retail trade and services
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Relative stability in the number of employees in manufacturing and services
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Moderate price growth in manufacturing, construction and services
Manufacturing
According to the business tendency survey of January 2020, managers from the manufacturing industry forecast a relative stability of the production volume (balance -3%) for the next three months.
A decrease is estimated for the manufacturing of other non-metallic mineral products (-17%). Regarding the number of employees, a relative stability is estimated, the balance being -3% per total manufacturing. For the prices of the industrial products, a moderate growth is forecasted for the next three months (balance +10%).
Construction
According to January 2020 estimations, there will be a moderate decrease in the production volume of the construction activity for the next three months (balance -9%). Managers forecast a moderate decrease in the number of employees (balance -7%). As to the prices of construction works, a moderate growth is forecasted (balance +11%).
Retail trade
In the retail trade sector, managers estimate a relative stability in the economic activity for the next three months (balance +1%). The volume of orders placed by the trade units to the suppliers of goods will register a moderate growth (balance +9%).
Employers forecast a moderate growth in the number of employees (balance +14%) for the next three months. For the next period, managers of trade companies estimate a growth of the retail prices (balance +21%).
Services
According to January 2020 estimations, the demand for services (turnover) will register a relative stability for the next three months (balance -2%). For the services sector it is forecasted a relative stability in the number of employees (balance +4%).
According to the managers, the selling or invoice prices of provisions will register a moderate growth trend (balance +6%).