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Positive Forecasts on Econonic Growth Activity for the Remaining '05
The activities from industry, retail trade and services are expected to have an upward trend in the next three months, whereas the activity from constructions will drop compared to the previous thee months, according to estimates made in October by companies' managers, ACT Media news agency reports.

The findings of a survey conducted by the National Statistics Institute revealed an upward trend for the next three months for the production volume of the processing industry (seasonal balance plus 16%), and for the volume of contracts and orders (seasonal balance plus 10%).

Companies' managers predicted that in the next three months the upward trend in sales of goods specific to this period (seasonal balance plus 10 percent) will maintain. According to managers' forecasts, 45% of the respondents expressed that the economic situation will be better, 43% said it will be relatively the same and only 12 percent of respondents expressed fear that it will worsen. Employers estimated for the next three months a growth in the number of employees in the retail trade (seasonal balance plus 14%). Retail sale prices will go upward in the next three months (seasonal balance plus 31%).

Regarding the growth pace, it won't speed up more than the current one, said 62% of the respondents.

source

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