Romanian Executives See Stable Industry, Services; Decline In Retail And Constructions In 1Q
Romanian managers expect relative stability in the manufacturing sector and services, a moderate decline in retail, and a stronger drop in construction in the first quarter this year, a poll by statistics office INS revealed Monday.
As such, executives expect output to remain stable in the manufacturing industry and the services sector, while the output in retail and construction will fall in January to March compared with the previous quarter.
The number of employees is expected to remain the same in industry, retail and services, but a drop in the construction sector’s workforce is estimated.
While in construction prices are seen stable in the timeframe analyzed, in industry, retail and services they are expected to increase.
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