Growth anticipated in the processing industry, construction and trade
June 29 2015
The National Institute for Statistics announced that an increase in the production volume is expected by the managers in the processing industry, while construction, retail trade and services anticipate growths in their respective activities. According to the short-term inquiry for this June, the managers in the processing industry anticipate moderate increase in the production volume in the next three months. There will be a growing trend for some activities, namely: beverage making and the tobacco industry. For the prices of the industrial products, the managers predict relative stability in the coming three months while the number of workers is seen staying relatively stable, with the short term balance of for the overall processing industry.
As regards the construction activity, the managers believe it will record an increase in the production volume and a moderate rise in the number of workers. The prices of the building works are predicted to stay relatively stable. In retail trade, the managers anticipate the next three moths will see a steep rise in the economic activity and in the volume of orders aimed at the suppliers of goods to the shops. The employers predict a moderate increase in the number of staff in the next three months. For the period ahead, the commercial companies managers estimate a moderate drop in the retail sale prices the Institute said, quoted by Agerpress. According to the estimates for this June, the demand for services (turnover) will see a moderate rise June through August with a small increase in the number of the workers.