Survey on Industry, Services and Construction 2022Apr

Industry, market services and construction
Industry
  • In industry, activity remained stable overall in April. It rose in the pharmaceutical, chemical and agri-food industries, but fell sharply in the automotive industry.

    According to business leaders, raw material prices continued to rise at a brisk pace in a context marked by supply difficulties and the war in Ukraine. The balance of opinion on finished goods price developments increased sharply.

    The balance of opinion on cash positions fell to below its long-term average. Order books weakened slightly.

    Business leaders expect activity to increase in May, but this outlook is shrouded in significant uncertainty due to supply difficulties and the war in Ukraine.
Opinion on the outlook for industrial production*
Balance of opinions, SA-WDA
Market Services
  • In market services, activity continued to improve in April. Growth was particularly strong in accommodation and food services, as well as in publishing and IT services.

    Business leaders indicated that prices were continuing to rise. Staff levels continued to grow at a sustained pace.

    Business leaders expect activity to rise further in May.
Opinion on the outlook for services activity*
Balance of opinions, SA-WDA
Construction
  • In construction, activity fell slightly in April in finishing works but remained stable in structural works.

    Order books declined again but remained above their long-term average. Business leaders reported a further rise in quote prices.

    Business leaders expect activity to remain little-changed in May.
Opinion on the outlook for construction activity*
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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Survey on Industry, Services and Construction
  • Published on 05/11/2022
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  • Published on 05/11/2022
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Published on Wednesday, May 11, 2022