The survey also shows that business managers forecast relative stability of the activity in the manufacturing industry, retail trade and service, as well as in the number of employees in the manufacturing industry and services.
According to the business tendency survey of December 2021, managers from the manufacturing industry forecast a relative stability of the production volume for the next three months (balance -4%). The biggest growth will be registered for the manufacturing of coke and refined petroleum products (balance +81%).
Regarding the number of employees, a relative stability is estimated, the balance being 0% per total manufacturing.
For the prices of industrial products, a growth is forecasted for the next three months (balance +35%).
According to December 2021 estimations, there will be a decrease in the production volume of the construction activity for the next three months (balance -20%). Managers forecast a moderate decrease in the number of employees (balance -11%). As to the prices of construction works, a robust growth is forecasted (balance +42%).
In the retail trade sector, managers estimate a relative stability trend in the economic activity for the next three months (balance -2%). The volume of orders placed by the trade units to the suppliers of goods will register a relative stability (balance -5%). Employers forecast a moderate growth in the number of employees for the next three months (balance +7%). Managers of trade companies estimate a robust growth of the retail prices (balance +42%).
According to December 2021 estimations, the demand for services (turnover) will register a relative stability for the next three months (balance 0%). For the services sector, a relative stability is also estimated in the number of employees (balance -1%). According to the managers, the selling or invoice prices of services will grow (balance +19%).