REGIONAL NETWORK

Services and building and construction expected prices to rise more rapidly ahead, while manufacturing and retail trade contacts expect the rise in prices to slow. Overall

Overall, network contacts expected employment growth to slow slightly, but plans to increase employment over the next 3 months were reported in all industries.. C OSTS , PRICES

Credit standards for both households and enterprises were little changed and banks also expect credit standards to remain approximately unchanged in Q3.. Margins on household

As before summer, they expect wages to increase by around 3.2% (Chart 8). A number of contacts cite the recovery of the oil industry in particular as having pushed up wage

Employment and capacity utilisation have increased in recent months, and enterprises expect annual wage growth to be slightly higher in 2019 than in 2018.. 1.1 Output and demand

Investment plans in the service sector had been revised up slightly since January, while contacts in manufacturing, retail trade and the local government and hospital sector

Contacts in the construction industry reported that volume growth had been fairly moderate over the past 3 months, slightly weaker than in the previous survey..

Output growth has picked up slightly since February and has been somewhat stronger than expected, driven in particular by increasing demand from construction and non-oil