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TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD SEPTEMBER – NOVEMBER 2016
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Moderate growth of activity in manufacturing and services
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Stability of the number of employees in manufacturing, construction and services
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Moderate decrease of prices in retail trade
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The managers questioned by the National Institute of Statistics (INS) are estimating a moderate growth of the activities in the manufacturing industry and in services in the period September-November 2016 but also a moderate drop regarding the prices of the retail trade, according to an INS release sent on Wednesday.
The circumstantial survey indicated the companies manager's perception over the dynamics of a phenomenon that can't be confused with the growing or the dropping value rate of a statistic indicator, the INS specialists mention.
Therefore, in the manufacturing industry, in the circumstantial inquiry for September 2016, the managers from the manufacturing industry expect for the next three months a moderate increase of the production volume (circumstantial balance + 14 percent). Regarding the base pharmaceutical products manufacturing and pharmaceutical products a significant growth trend will be recorded (circumstantial balance +38 percent), meanwhile the tobacco products manufacturing will record a declining trend (circumstantial balance -36 percent).
For the manufacturing products a relative stability is expected for the next three months (circumstantial balance +1 percent). In regards to the number of employees a relative stability is also estimated, the circumstantial balance being +3 percent overall the manufacturing industry.
In the construction activity a moderate decline is expected in regards to the production volume (circumstantial balance -6 percent). The managers estimate a relative stability of the number of employees (circumstantial balance -4 percent). Regarding the prices of the construction works a relative stability is also estimated (circumstantial balance 0 percent).
In the retail sector, the managers estimate for the next three months a decline trend regarding the economic activity (circumstantial balance -26 percent). The orders volume of the goods suppliers to the trading units will also record drops (circumstantial balance -17 percent).
In this field, the employers estimate for the next three months a moderated decline of the number of employees (circumstantial balance -14 percent). For the next period the trade companies also estimate a moderate drop regarding the prices of retail trade (circumstantial balance -15 percent).
Moreover, in the services area, according to the estimations made for September 2016, the turnover will have a moderate growth in the next three months (circumstantial balance +10 percent) and a relative stability regarding the number of employees (circumstantial balance +4 percent). According to the managers' opinion the sales or the invoices' prices of the services will have a relative stable trend (circumstantial balance 0 percent).