2023-09-14 10:06:11
Growth
The High Commission for Planning has just revealed in a note the results of its quarterly economic surveys for the non-financial market services sector and the wholesale trade sector. It appears that 62% of business leaders in the non-financial commercial services sector expect growth in overall activity for the 3rd quarter of 2023 while 70% of wholesalers anticipate stability in the overall sales volume. This note also reports the development of these two activities during the second quarter of 2023.
The details.
62% of business leaders in the non-financial market services sector forecast growth in overall activity for the 3rd quarter of 2023. According to the HCP, these expectations would be due, on the one hand, to the increase in activity forecast in the branches of “Air transport”, “Warehousing and auxiliary transport services” and “Accommodation and catering” and, on the other hand, the drop anticipated in “Post and courier activities”, “Real Estate Activities” and “Programming and Broadcasting”. In this sense, 50% of bosses in the non-financial services sector anticipate an increase in demand and 29% an increase in the number of employees.
As for wholesale, 70% of business leaders in the sector expect stability in sales volume during the 3rd quarter of 2023, and 20% of them expect an increase in sales. “This development would be mainly attributable, on the one hand, to the expected increase in sales in “Wholesale of information and communication equipment” and “Wholesale of food, beverages and tobacco” and, on the other hand, the expected drop in sales in the “Wholesale trade of raw agricultural products and live animals”, indicates the HCP note relating the main assessments of business owners during the 3rd quarter 2023.
Concerning the orders planned for this same period, they would be at a normal level according to 87% of business leaders. Employment for its part would experience stability in the workforce according to 90% of wholesalers. In its note, the HCP also reports the evolution of activity for the financial merchant services sector as well as for the wholesale trade sector during the 2nd quarter of 2023.
It appears that the activity of non-financial commercial services would have seen an increase according to 65% of bosses, and a decrease according to 16%. “This development would have been the result, on the one hand, of the increase in activity recorded in the branches of “Telecommunications”, “Land transport and pipeline transport” and “Accommodation and catering” and, on the other hand, On the other hand, the drop in activity recorded in the “Air transport” and “Post and courier activities” branches. The sector’s service capacity utilization rate (TUC) would have stood at 80%,” underlines the same note.
In this diagram, the sector’s order books would have been at a normal level according to 47% of bosses, and higher than normal according to 30%. For its part, employment would have experienced stability according to 73% of business leaders, and a decline according to 19%. Regarding sales in the wholesale sector on the local market, they would have experienced stability according to 61% of wholesalers, and an increase according to 22% in the second quarter of 2023. “This development would be mainly attributable, on the one hand, to to the increase in sales in the “Wholesale trade of food products, beverages and tobacco” and the “Wholesale trade of household goods” and, on the other hand, to the drop in sales in the “Wholesale trade of ‘other industrial equipment'”, indicates the same source.
On the employment side, it would have experienced stability according to 79% of business leaders. Furthermore, stocks of goods would have been at a normal level according to 86% of wholesalers and the observed trend in sales prices would have shown stability, according to 55% of business leaders and a decline according to 36% of them. .
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