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TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD JANUARY – MARCH 2021
- Relative stability of activity in manufacturing
- Relative stability in the number of employees in manufacturing and services
- Moderate price growth in manufacturing, construction and retail trade
Manufacturing
According to the business tendency survey of January 2021, managers from manufacturing forecast a relative stability of the production volume for the next three months (balance 0%). The manufacturing of motor vehicles, trailers and semi-trailers will register an increase (balance +25%). Regarding the number of employees, a relative stability is estimated, the balance being -4% per total manufacturing. For the prices of industrial products, a moderate growth is forecasted for the next three months (balance +9%).
Construction
According to January 2021 estimations, there will be a moderate decrease in the production volume of the construction activity for the next three months (balance -15%). Managers forecast a moderate decrease in the number of employees (balance -6%). As to the prices of construction works, a moderate increase is forecasted (balance +10%).
Retail trade
In the retail trade sector, managers estimate a moderate decreasing trend in the economic activity for the next three months (balance -7%). The volume of orders placed by the trade units to the suppliers of goods will register a relative stability (balance +3%). Employers forecast a moderate growth in the number of employees for the next three months (balance +11%). For the next period, managers of trade companies estimate a moderate growth of the retail prices (balance +13%).
Services
According to January 2021 estimations, the demand for services (turnover) will register a moderate decrease for the next three months (balance -15%). 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 relative stability trend (balance +3%).