Romanian managers expect activity increase this fall

Romanian managers expect increased business activity in industry, constructions, services and trade between August and October, as well as higher prices in all sectors, especially in trade, according to the National Statistics Institute (INS). The manufacturing activity saw a difference in growth vs drop perception of 6% compared to the 8% conjectural rate in the previous report. A positive rate reflects a bigger number of companies that expect growth, while a negative one shows expectations of declining activity in that sector. The construction activity is expected to increase at a moderate pace, with a conjectural indicator of 9% compared to 15% in the previous report. In services, the economic activity is expected to record a moderate growth, with an indicator of 11%, compared to 13% in the previous report. Economic activity in trade is expected to grow at a high pace, with a conjectural indicator of 18% compared to 22% in the previous report. Managers expect a moderate increase in the number of employees in trade and relative stability in the rest of the sectors. editor@romania-insider.com