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Economic situation: Trade and market services are recovering

Economic situation: Trade and market services are recovering

In positive anticipations have been formulated by business leaders in the non-financial market services sector.

Professionals expect for the 4th quarter of the year to increase overall activity. A testimony noted in the context of the quarterly economic surveys of the High Commission for Planning (HCP). At a time when 42% of respondents predict a recovery in activity in the said sector, 34% expect stability.

Anticipations which, according to the HCP, would be due to the expected improvement in the branches of “land transport and transport by pipelines” and “storage and auxiliary transport services” against a decline expected in the activities of ” accommodation ”,“ air transport ”and“ Activities of travel agencies, tour operators, reservation services and related activities ”. In terms of demand, 52% of business leaders expect stability. As for the number of employees, they stagnate according to 78% of business leaders in the non-financial market services sector participating in the HCP survey. It should be noted that the activity of non-financial market services would have seen an increase in the third quarter of the year.

A finding made by 57% of employers responding to the HCP survey. This development would result, on the one hand, from the increase in activities of “air transport”, “telecommunications” and “land transport and transport by pipelines” and, on the other hand, from the decline in activity recorded in level of branches of “water transport” and “storage and auxiliary transport services”. The sector’s service capacity utilization rate (TUC) would have stood at 77% over the said period. “The sector’s order books are judged to be normal by 56% of bosses and below normal according to 40%.
According to 67% of business leaders, employment would have been stable, ”we learn from the HCP. As for the wholesale sector, 29% of professionals anticipate an increase in the overall volume of sales for the last quarter of the year. On the other hand, another 12% expect a drop over the said period.
“This development is mainly attributable to the expected increase in sales in the wholesale trade of food and drink products and other specialized wholesalers”, we can note from the HCP survey.
Similarly, 80% of wholesalers anticipate a normal level of orders for the last quarter of the year. Also, 91% of them foresee a stability of the workforce employed in the sector.




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