Romanian company managers expect November economic growth and a rise in prices

Romanian company managers are expecting economic activity to increase by November 2008. Prices will also advance, shows a study by the country’s National Statistics Institute (INS).

Romanian managers are forecasting an increase in activities in the processing industry, retail, services, and a stabilizing trend in construction, compared to the previous three months.

Processing industry managers estimate a rise in the volume of production (+18 percent incremental margin). The number of employees will be stable in the processing industry, according to 77 percent of study participants. Industrial product prices will increase (+25 percent incremental margin). (NewsIn)