Romania Industry Seen Up In Q4, Constr, Retail To Fall

Romanian managers said they expect a slight growth in industry, a relative stability in the services sector, and decreases in the retail and construction sectors, according to the business outlook for October-December released by the National Statistics Institute.

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Local managers expect prices to rise in industry, and retail and to remain flat in construction and services, in the analyzed period, the statistics institute said Thursday.

They also expect output to rise in industry, but to decline in construction and retail, and to stagnate in services in the October-December period.

Romanian managers expect the number of employees to decline on all four segments analyzed.

The statistics institute interviewed 8,478 managers in the four Romanian major economic sectors.

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