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Bucharest
February 27, 2021
BUSINESS

Industry, commerce to moderately drop in April-June, construction works to stabilize

The company managers interviewed by the National Statistics Institute (INS) have forecast for April-June a moderate drop in the activity of the processing industry, retail trade and services, and a relative stability in the construction works sector, compared to the three previous months, the INS shows being quoted by Mediafax. As part of the April 2009 contextual investigation, the managers from the processing industry forecast for April-June a moderate drop in the production volume, based mainly on the estimated fall in contracts and orders both for the internal and external markets. A downwards trend is also estimated for the number of employees. The price of industrial products is forecast to remain stable in the next three months. In the next three months the construction works will register a relative stability in the volume of production and the stock of contracts and orders. At the same time a reduction in the number of employees and a moderate price hike are forecast. The retail trade managers have estimated a moderate downwards trend in the sector’s economic activity for the next three months, the same trend being forecast for the overall volume of merchandise sales. In the opinion of the managers interviewed by the INS, the retail sale prices will grow moderately.

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