At the same time, the number of employees will be flat in the processing industry and in services, but will inch up in constructions and retail.

In line with the May 2023 survey, processing industry managers for the next three months see a moderate increase in production volumes (balance +7%) and a relative stability of headcount (balance plus 2%). Industrial product prices are expected to go up until July (balance +16%).

In constructions, managers expect production volume to go up (balance +28%) and headcount to edge up (balance plus 12%).

As regards construction works prices, these are forecast to rise (balance plus 34%).

In retail, managers for the next three months project rising economic activity (balance plus 20%). The volumes of orders logged with commodity suppliers by commercial units will post moderate growth (balance +11%).

Employers for the next three months expect a moderate increase in the number of employees (balance plus 12%).

Commercial companies’ managers estimate retail prices will go up (balance plus 24%).

In line with May estimates, services demand will register a moderate increase in the next three months (balance plus 10%). A relative stability of headcount is projected (balance plus 3%).

According to the managers, the selling or invoice prices of services will follow a moderate upward trend (balance plus 10%).

(English version by Catalina Apostoiu)