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May 23, 2022

Moderate trade growth, industry and constructions, stagnant

Company managers expect August-October to see a moderate trade growth and stability in the manufacturing, constructions and service sectors from the previous three months, according to the National Institute of Statistics (INS). These were the conclusions of some conjectural surveys following manager estimates on economic trends. The surveys point to the conjectural balance as the difference between the managers who chose the positive alternative of the phenomena and those who opted for the negative one. The manufacturing sector is expected to stay stable, more or less, (conjectural balance +2 pc). Some sectors – wood and wood product manufacturing, save for furniture, paper and paper products will post production growth trends. Industrial product prices are projected to increase moderately in the next three months. Managers estimate a relatively stable manufacturing sector workforce (conjectural balance -1 pc), according to the INS. Also, managers estimate a moderate decline in workforce (conjectural balance -7 pc) and a light rise in construction work prices (conjectural balance +13 pc).

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