Managers expect price increases and more redundancies
Company managers expect to fire more staff between August and October while increasing prices on all activity segments, according to a survey by the National Statistics Institute in Romania. Managers in the manufacturing industry expect a stable production level in the following three months. They also expect a drop of 16 percent in the number of employees in the manufacturing industry.
On the construction segment, an 11 percent drop in production is expected, along with a decrease in contracts – of 18 percent. Managers in this field expect a 16 percent drop in the number of employees on this segment.
Prices are expected to grow on the retail segment – by up to 35 percent, the same time with a drop in sales and in the number of employees.
romania-insider.com
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