Romania Business Sentiment Positive for August-October

Analysis

Photo by Radu Bercan/Shutterstock.com

Company managers active in Romania's construction and retail services sectors expect their business to grow in the next three months, as relative stability is forecast in manufacturing and services, a survey by the National Institute of Statistics (INS) showed on Monday.

Construction companies foresee acceleration of their economic activity in the next three months. Prices of construction works are expected to grow strongly.

The manufacturing industry expect relative stability of their production volumes, while prices of industrial products are expected to grow moderately.

Retail companies expect moderate growth of their economic activity over the next three months. The volume of orders placed by trade units to the suppliers of goods will grow moderately.

The managers expect that retail prices will rise strongly. Demand for services is expected to register relative stability. According to the interviewed managers in the sector, prices in the ser vices sector will moderately grow.

A total of 9,142 managers of Romania-based companies operating in construction, manufacturing, retail and services were interviewed in the survey.

ADVERTISEMENT

ÁKK Exchanges HUF 20 bln of Bonds at Wednesday Switch Auctio... Debt

ÁKK Exchanges HUF 20 bln of Bonds at Wednesday Switch Auctio...

Hungary Makes Proposals to Ease Administrative Burden for EU... EU

Hungary Makes Proposals to Ease Administrative Burden for EU...

MOL Signs Antwerp Declaration for a European Industrial Deal Deals

MOL Signs Antwerp Declaration for a European Industrial Deal

Investors of the Year in Limelight at Hipa’s Award Ceremony Awards

Investors of the Year in Limelight at Hipa’s Award Ceremony

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.