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Romania's business sentiment outlook turns mostly negative in Nov

Nov 28, 2012, 12:50:24 PMArticle by Vera Borisova
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November 28 (SeeNews) - Romanian managers were mostly pessimistic in November in their expectations about the performance of the country’s economy in the three months through January, the statistics board, INS, said on Wednesday.

Romania's business sentiment outlook turns mostly negative in Nov

In October, the managers expected the country’s economy to show a stable performance through December.

In the industrial sector, prices are expected to post moderate growth through January, the output is seen remaining stable, while the number of employees is seen falling in the period under review, INS said in a statement on its website.

Managers of construction companies see both output and the number of employees declining, while a moderate growth is expected in the prices of construction works in November-January.

In retail, managers expect the number of employees to remain stable in the three months through January. The sales volume and prices are seen increasing.

Managers in the services sector expect demand and the number of employees to decrease, while prices are seen rising in the period under review.

For its November survey, Romania's statistics board interviewed the managers of 8,641 companies operating in the four sectors.

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