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Managers estimate increases in construction, trade activity, from May to July

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The managers of commercial companies estimate, for the period from May to July, increases in construction and trade activities, according to a survey of estimates conducted among employers by the National Institute of Statistics /INS/ and released on Wednesday.

According to the estimates in May 2014, in construction activity in the next three months there will be an increase in the production volume (estimate balance of +28%) and in the stock of contracts and orders (estimate balance of +23%). Managers forecast that the number of employees will increase moderately (estimate balance of +11%). As to the prices of construction works, the data collected by the INS from the managers of commercial companies show, for the period from May to July, a moderate increase (estimate balance of +12%).

Also, within the a survey of estimates in May this year, managers in the processing industry forecast, for the next three months, a moderate increase in the production volume (estimate balance of +13%).

In the case of making coal-based products and products obtained from processing crude oil (balance of +53 %) and for the making of beverages (balance of +41%), there will be a trend of significant increase.

For the prices of industrial products, a relative stability is forecast in the next three months (estimate balance of +5%) and as far as the number of employees goes, a balance of +2% is estimated per total processing industry.

According to the cited source, in the retail trade sector, managers have estimated for the next three months a growth trend of economic activity (estimate balance of +22%) and of the volume of orders placed to the suppliers of goods by commercial units (estimate balance of +21%).

Employers forecast, for May-July, a relative stability of the number of employees (estimate balance of +2%), while retail prices will record increases in the next period (estimate balance of +17%).

In the service sector, the demand (turnover) will see a moderate growth in the next three months (estimate balance of +10%), as well as stability in the number of employees (estimate balance of -4%) and in prices (estimate balance of +3%).

The estimate balance indicates the perception of respondents on the dynamics of a phenomenon, but it should not be mistaken for the intensity of the increase or the decrease in the value of a statistical indicator, the INS informs.

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