Romania Business Sentiment Remains Positive in August

BUCHAREST (Romania), August 28 (SeeNews) - Romanian managers remain positive about the performance of the country's economy in the three months through October, the country's statistics board, INS, said on Thursday.

Managers were optimistic about the country's economic development in the three months through September as well, according to a previous INS survey conducted in July.

Managers in the industrial sector expect output to increase and see prices rising slower compared to the growth rate forecast in last month's survey. The number of employees in the sector is expected to fall slightly.

Managers in the construction sector project that output will continue to rise while employment in the sector will remain stable. The increase in the prices of buildings is seen slowing down compared to the one in last month's survey.

The business mood in the retail sector also remains positive. The volume of sales and prices are expected to rise. Employment in the sector is also expected to grow slightly.

In the services sector, demand and prices are expected to rise in the three months through October. The number of employees is seen edging up.

For its August survey Romania's statistics board interviewed managers in 7,136 companies in the four sectors.

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