REGIONAL NETWORK

Capacity utilisation among oil service contacts has picked up through the year, and in this survey, seven of ten enterprises report capacity constraints (Chart 9). Since the

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

Growth has shown little change since the previous survey and enterprises expect growth to remain moderate over the next six months.. Service industry contacts as a whole

Services and construction make the strongest contribution to the downward adjustment since the previous survey, and for the first time since May 2008, it is mostly service

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