January 27 (SeeNews) - Company managers in Romania expect a drop in construction and retail activity in February and March and stability in manufacturing and services, the national statistical office (INS) said on Friday.
Managers from the manufacturing sector expect a relative stability in production volumes, with an increase of 31% in the production of vehicles and a decrease of 23% in paper and paper products output, INS said in a monthly business sentiment survey.
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Regarding the number of employees and the industrial products' prices in the manufacturing sector, relative stability is forecast, according to the survey.
Construction is expected to show a drop of up to 17% in production volumes and the number of orders over the next two months. Managers also expect a drop of 20% in the number of employees and a relative stability in the prices of construction works.
The managers of retail companies expect economic activity to drop by 22% over the next two months. The volume of orders and prices are expected to decrease by 17%, while the number of employees is expected to fall by 20%. The managers expect a relative stability of retail prices.
Sales in services are expected be stable during the next two months. The number of employees and sales prices are also expected to be relatively stable, according to the survey.
A total of 8,216 managers of Romanian-based companies from construction, manufacturing, retail, and services were interviewed in the survey.