Retail trade and services managers are forecasting a moderate increase in their activity November 2017 - January 2018, while construction activity should decline and relative stability in manufacturing should be expected, according to data with the National Institute of Statistics (INS) released on Tuesday."In a November 2017 survey, manufacturing managers expect relative stability of output in the next three months (up +4 percent). Manufacture of basic pharmaceutical products and pharmaceutical preparations should surge 41 percent, while manufacture of tobacco product should follow a downward trend (-36 percent). Industrial prices are forecast to increase in the next three months (+ 16 percent)," according to INS.
As far as the number of employees is concerned, relative stability is expected in the manufacturing industry.
According to November 2017 estimates, construction activity should decline 33 percent over the next three months. Managers are also expecting a decrease in the number of construction employees (-21 percent).
Construction work prices should advance moderately by 13 percent.
In the retail trade sector, managers are expecting a moderate growth trend in their business over the next three months (+ 15 percent). The volume of orders from traders to merchandise suppliers should also grow by + 16 percent.
Employers are forecasting a moderate increase in the number of employees (+ 12 percent). Managers of commercial companies estimate retail prices to rise by 32 percent.
According to November 2017 estimates, demand for services should grow moderately over the next three months (+ 6 percent).
In the service sector, a moderate increase in the number of employees is expected (+ 7 percent). The managers are expecting sales and billing prices to vet a moderate growth (+ 8 percent).