Survey on Industry, Services and Construction 2021Oct
Published on the 8th of November 2021
Industry, market services and construction
Industry
- In October, there was little change in industrial activity; the increase in the wood, paper and printing industry, as well as in other industrial products, offset the further deterioration in the automotive industry.
Business leaders expect raw material prices to continue to rise at a steady pace. This is also the case for the prices of finished goods, albeit to a lesser extent.
The balance of opinion on the cash position remains at a high level, above its long-term average. Order books weakened slightly, but remain healthy.
Business leaders expect activity to improve in November.
Opinion on the outlook for industrial production*
Balance of opinions, SA-WDA![]()
Balance of opinions, SA-WDA
Market Services
- Market service activity strengthened again in most sectors in October; this improvement was particularly marked in accommodation and food services and in business services.
Prices are considered to be trending upwards but only very moderately.
The cash position remained above its long-term average for most market services.
Activity is expected to increase again in November.
Opinion on the outlook for services activity*
Balance of opinions, SA-WDA![]()
Balance of opinions, SA-WDA
Construction
- Construction sector activity almost remained unchanged in October.
Order books rose slightly, standing at well above their long-term average. Business leaders reported a further sharp rise in quote prices.
Business leaders expect activity to improve somewhat in November.
Opinion on the outlook for construction activity*
Balance of opinions, SA-WDA![]()
Balance of opinions, SA-WDA
* A positive (negative) balance of opinions corresponds to a rise (fall) in the evolution of activity. Balances of opinions may range from -200 to +200.
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CON_IND_SER_BAT_2242_en__business-industry-services-construction-october-2021.pdf
Updated on the 9th of November 2021