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Romania's Business Sentiment Remains Mostly Negative in Nov

Nov 30, 2009, 12:25:51 PMArticle by Yordan Todorov
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November 30 (SeeNews) - Romanian managers remained mostly pessimistic about the performance of the country’s economy in the three months through January, the country’s statistics board, INS, said on Monday.

Romania's Business Sentiment Remains Mostly Negative in Nov

Managers in the industrial sector expect a moderate decrease in output and a fall in the number of employees through January, whereas prices are seen rising, INS said in a statement on its website.

Managers of construction companies expect lower output and a fall in the number of employees, and the prices of construction works are expected to fall as well.

Retail sales as well as employment in the sector are seen falling, whereas retail prices are expected to increase slightly in the three months through January.

Managers in the services sector expect lower prices through January. Demand and number of employees are also seen falling.

For its November survey Romania's statistics board interviewed managers of 8,087 companies operating in the four sectors.

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