Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Managers expect manufacturing, construction and retail prices to...

Managers expect manufacturing, construction and retail prices to grow in the coming months

December 21, 2023

 Romanian managers expect the activity in the manufacturing industry, retail trade and services to stay relatively stable between November 2023 - January 2024, anticipating also an increase in manufacturing, construction and retail prices, shows data released on Tuesday by the National Institute of Statistics (INS).According to the November 2023 short-term business survey, managers in the manufacturing industry expect a relative stability of the production volume over the next three months (short-term balance -1 percent). The number of employees is seen staying relatively constant, with a short-term balance at -4 percent, while industrial product prices are forecast to grow in the next three months (short-term balance +16 percent).The volume of construction works is expected to shrink in the next three months (short-term balance -21 percent), and the number of employees in the sector is projected to slide (short-term balance -7 percent). The prices of construction works are expected to increase (short-term balance +27 percent).In the retail trade sector, the managers bet on a relative stability of the economic activity in the next three months (short-term balance +4 percent). The volume of orders to the suppliers of goods is seen flatlining (short-term balance +4 percent). For the next three months, the respondents forecast a moderate increase in the number of employees (short-term balance +12 percent). Also, the managers of trading companies estimate that retail prices will go up (short-term balance +30 percent).According to November 2023 projections, the demand for services (turnover) will keep relatively stable in the next three months (short-term balance 0 percent), as will the number of employees (short-term balance -3 percent). According to the managers' opinion, the sales or invoicing prices for services will follow a moderate growth trend (short-term balance +10 percent).The INS specifies that the short-term balance reflects the perception of business managers of the dynamics of a phenomenon and should not be mixed up with the increase or decrease rate of any statistical indicator produced by the statistical authority. The short-term percentage balance represents the difference between the percentage of managers who chose the positive trend of the phenomenon and the percentage of those who indicated the negative trend.     

Read in full - click here
Les Films de Cannes à Bucarest: Festival announces 2025 dates, first program highlights

The 16th edition of Les Films de Cannes, the festival showcasing productions awarded or selected at the Cannes film festival, returns this fall to Bucharest and four other cities in the country. The winner of this year's Palme d'Or, Jafar Panahi's It Was Just an Accident, will be screened at the event, as will be […]

Eastern Romania: Natural sciences museum in Galaţi reopens after EUR 3 million modernization works

Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR.  The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]

Romanian paramedics team named best in the world

A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]

Romanian auction house Artmark registers record EUR 15 mln sales in 2024-2025

Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report.  Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]

DefCamp 2025 turns Bucharest into the regional cybersecurity hub at its 15th edition, hosted at the Palace of the Parliament

Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]

Romanian airline AnimaWings targets 18-aircraft fleet worth over USD 1 bln by end-2027

Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion.  The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]