Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Managers estimate moderate increase in retail trade, services,...

Managers estimate moderate increase in retail trade, services, in next three months

October 27, 2021

? Moderate growth of activity in retail trade and services ? Relative stability in the number of employees in manufacturing, construction and services ? Price growth in manufacturing, construction and retail trade   Managers of Romanian companies estimate a moderate increase in the retail trade and services sectors, between September and November, as well as a relative stability of the number of employees in the processing industry, constructions and services, according to the results of a survey published on Tuesday by the National Institute of Statistics (INS).According to the official statistics, in the processing industry, managers expect, for the next three months, a relative stability in terms of the production volume (short term balance + 3%), while in the coke and refined petroleum products manufacturing sector will show a strong increase, with a short term balance of plus 61%.Regarding the number of employees, a relative stability is estimated in the same industry, with a short term balance of + 2% overall, and with an increase estimated in the price for industrial products, until the end of November (short term balance of +31%).According to estimates in September 2021, in the construction activity there will be some stability of the production volume for the next three months (short term balance -3%), but also in terms of the number of employees (short term balance -3%). Also, the prices of construction works would increase, the short term balance being of plus 37%.In the retail trade sector, the managers estimated, for the period September - November, a trend of moderate growth of the economic activity (short term balance + 15%). At the same time, the volume of orders addressed to the suppliers of goods by the commercial units will register moderate increases (short term balance + 13%).In the same sector of activity, employers forecast a moderate increase in the number of employees (short term balance + 15%), but also a jump in retail prices (short term balance + 36%).In the services segment, in the reference period, the estimates show a moderate increase in the demand for services (short term balance + 7%). In addition, a relative stability of the number of employees is anticipated (short term balance + 1%).In the view of managers, the selling or billing prices of services will have a moderate upward trend, with a short-term balance of plus 15%.The INS states that the short term balance indicates the perception of business managers on the dynamics of a phenomenon that should not be confused with the rate of increase or decrease of any statistical indicator produced by statistics.The short-term percentage balance is obtained as the difference between the percentage of managers who chose the positive variant of the phenomenon and the percentage of those who indicated the negative variant, notes the same source.  

Read in full - click here
Film review – Gazing into the Past: Il Cinema Ritrovato & TIFF

June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]

Different Beauty: Portraits from Donbas in David Těšínský’s Bucharest exhibition

Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]

Different Beauty: Images from Donbas in David Těšínský’s Bucharest exhibition

Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]

Most Romanians do not trust AI without human intervention, survey shows

Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025.  Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]

Armenian Street Festival to take place at Bucharest’s Botanical Garden in August

The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]

M&A market in Romania registered transactions worth EUR 2.7 bln in first half of 2025

The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]