September 21, 2018

INS Report: Managers Predict Slight Commerce Growth

According to an inquiry by the National Institute of Statistics (INS), trade company managers estimate an August-October moderate growth in commerce, stability for the industry, construction and service sectors, a relatively stable number of employees and light price rises, compared to previous quarter. Manufacturing industry managers forecast relatively stable production volume and employee number. Industrial product prices will see a small rise in the next three months. Also, employee number is expected to moderately decline, while sale prices and service invoices will rise slightly. According to the INS report, the number of residential construction authorization during the first seven months of this year going down 5.3 % from year-on-year, to 22,822.

Source of the news: Nine o’clock (Read More)

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