Managers forecast further price increases

Managers forecast further price increases
Managers forecast further price increases
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-Increase in construction activity

-Relative stability of the number of employees in the manufacturing industry, construction and services

-Increase in prices in manufacturing, construction and retail trade

Manufacturing industry

In the March 2024 business cycle survey, managers in the manufacturing industry predict, for the next three months, a moderate increase in the volume of production (business cycle balance +9%), according to the INS.

Regarding the number of employees, relative stability is estimated, the short-term balance being 0%.

Industrial product prices are forecast to increase in the next three months (short-term balance +17%).

construction

According to the estimates of March 2024, in the construction activity, an increase in production volume will be recorded for the next three months (current balance +19%).

Managers estimate relative stability in the number of employees (short-term balance +5%).

Regarding the prices of construction works, their increase is expected (short-term balance +32%).

Retail

In the retail sector, the managers estimated for the next three months, a moderate growth trend in economic activity (short-term balance +13%). The volume of orders addressed to suppliers of goods by commercial units will register a moderate increase (short-term balance +12%).

Employers forecast for the next three months, an increase in the number of employees (short-term balance +18%).

Managers of commercial companies estimate an increase in retail prices (short-term balance +26%).

Services

According to estimates from March 2024, the demand for services (turnover) will register moderate growth in the next three months (current balance +8%). Relative stability of the number of employees is estimated (short-term balance +4%).

According to the managers’ opinion, the selling or invoicing prices of services will have a moderate growth trend (short-term balance +13%).

The article is in Romanian

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