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TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD MAY - JULY 2017

  • Growth tendency of activity in all economic sectors

  • Moderate increase in the number of employees in constructions, retail and services

  • Stability of prices in services

Manufacturing

According to the business tendency survey of May 2017, managers from the manufacturing industries forecast growth of the production volume (balance +18%) for the next three months. For the manufacture of beverages a significant growth tendency is expected (balance +56%). For the prices of the industrial products, a moderate growth is forecasted for the next three months (balance +7%). Regarding the number of employees, a relative stability is forecasted, the balance being +4% per total manufacturing.

Constructions

According to May 2017 estimations, there will be a growth in the production volume of the construction activity for the next three months (balance +33%). Managers also forecast a moderate growth in the number of employees (balance +15%). As to the prices of construction works, a moderate growth is forecasted (balance +13%).

Retail trade

In the retail trade sector, managers estimate a growth tendency in the economic activity for the next three months (balance +33%). Growth is forecasted in the volume of orders placed by the trade units to the suppliers of goods (balance +19%). Employers forecast a moderate growth in the number of employees (balance +7%) for the next three months. For the next period, managers of the trade companies estimate a moderate growth of the retail prices (balance +12%).

Services

According to May 2017 estimations, the demand for services (turnover) will register growth for the next three months (balance +24%). For the services sector it is forecasted a moderate growth in the number of employees (balance +6%). According to the managers, the selling or invoice prices of provisions will register a trend of relative stability (balance +4%)

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