REGIONAL NETWORK

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 in domestically oriented manufacturing and the export industry is expected to be more moderate, at about the pace prevailing over the past 3 months.. The construction

Contacts expected increased housing construction and higher public investment to boost growth to some extent ahead and envisaged fairly moderate growth over the next

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

Construction sector contacts report moderate output growth over the past three months, but growth has slowed somewhat since August.. Housing construction and public investment are

Even though contacts report a sharp rise in prices over the past twelve months, a majority of contacts expect an accelerating rise in prices in the year ahead, reflecting

Even though contacts report a sharp rise in prices over the past twelve months, a majority of contacts expect an accelerating rise in prices in the year ahead, reflecting

Overall, contacts expected growth to pick up somewhat over the next 6 months, with construction and the service sectors in particular expecting stronger growth