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TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD SEPTEMBER-NOVEMBER 2017

  • Moderate growth tendency of activity in industry, retail trade and services ? Stability in the number of employees in industry, constructions and services

  • Moderate price growth in industry and constructions

Manufacturing

According to the business tendency survey of September 2017, managers from the manufacturing industry forecast moderate growth of the production volume (balance +9%) for the next three months. A significant growth tendency (balance +40%) is expected for the printing and reproduction of recorded media, while the manufacture of tobacco products will register a downward trend (balance -27%). For the prices of the industrial products, a moderate growth is forecasted for the next three months (balance +9%). Regarding the number of employees, a relative stability is estimated, the balance being +3% per total manufacturing.

Constructions

According to September 2017 estimations, there will be a relative stability in the production volume of the construction activity for the next three months (balance -3%). Managers also forecast a relative stability in the number of employees (balance -4%). As to the prices of construction works, a moderate growth is forecasted (balance +11%).

Retail trade

In the retail trade sector, managers estimate a moderate growth tendency in the economic activity for the next three months (balance +15%). The volume of orders placed by the trade units to the suppliers of goods will increase (balance +23%). Employers forecast a growth in the number of employees (balance +17%) for the next three months. For the next period, managers of trade companies estimate a growth of the retail prices (balance +25%).

Services

According to September 2017 estimations, the demand for services (turnover) will register a moderate growth for the next three months (balance +12%). 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 trend of relative stability (balance +4%).

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