Romanian managers see upward trend in economy, stable prices by April - stats office

Company managers in Romania see an increase of retail, industrial, construction, and services activities in March and April and stable prices, the national statistics office (INS) said on Monday.

Managers from the manufacturing industries forecast a moderate growth in production volume, up to 10%, with a more significant advance in the automotive segment and in printing and reproduction of recorded media, INS said in a statement.

Construction is expected to register an up to 7% growth in production volume and orders. Managers also see a relative stability in the number of employees and construction work prices.

Heads of companies working in retail see an upward trend in economic activity and a moderate growth in the number of employees. Volume of orders is expected to grow up to 22% while prices are seen relatively stable.

The turnover in services is expected to increase moderately during the following three months, up to 7%, while the number of employees and sales prices are anticipated to remain relatively stable, according to managers.

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