Romanian Managers Foresee Price Hikes in Construction and Retail
Romanian business managers anticipate notable price hikes in construction and retail sectors. Economic activity is expected to remain stable from August to October. A significant portion of managers predict increases in construction and retail prices. Romania's public debt has surpassed 1.194 trillion lei, representing 61.4% of GDP. The state faces the challenge of repaying €84 billion in public debt principal from 2027 to 2030.
Romanian business managers are forecasting significant price increases in the construction and retail sectors, according to recent data. Economic activity, however, is expected to maintain a state of relative stability from August to October, with firms anticipating no major changes in activity levels in the near future.
Managers in the construction sector are particularly concerned, with a conjectural balance of +41% indicating a strong expectation of rising work prices. In retail, 43% of managers foresee price increases, while only 3% anticipate decreases, resulting in a conjectural balance of +40%.
Retail employers are also predicting a moderate growth in employee numbers, while the manufacturing sector expects its production volume and workforce numbers to remain stable. The conjectural balance for manufacturing production is at -1%, suggesting minimal change.
In the industrial sector, a 21% rise in product prices is anticipated, while the services sector is expected to see stable turnover, with a conjectural balance of +1%. However, service prices are projected to rise, with a +17% conjectural balance indicating an increase in selling and invoicing prices.
Romania's public debt has ballooned to over 1.194 trillion lei, accounting for 61.4% of the country's GDP. The state is under pressure to repay €84 billion in public debt principal between 2027 and 2030, not including the associated interest, amid escalating financing costs. This situation comes as the country's debt growth outpaces its income generation.
In a related development, the Competition Council has confirmed that major fuel operators have adhered to the cap on commercial margins, reflecting the excise reduction in diesel prices. "Principalii operatori de pe piața carburanților au respectat plafonarea adaosului comercial," the Council noted.
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