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KPMG Business Outlook Survey- November 2008: Recession ahead
A weaker climate of demand over the next twelve months is widely
expected to bring with it reduced inflationary pressures. The net
balance of firms total input costs dropped sharply to a new low of
+24.3, far surpassing the previous low of +43.0 recorded in April
2006. Outsourcing costs are expected to increase at the weakest pace,
followed by other non-staff costs. The net balance for staff costs was
relatively high at +35.4, though this was still a notable fall from
Aprils figure of +56.5 and is the lowest to date. Service providers
expect to raise selling prices at a much weaker rate as a result, with
the net balance falling to a new low of +8.3. Charges are expected to
fall in Ireland (-6.8) and across Post & Telecommunications and
Financial Intermediation sectors at the EU level.
Read full text: http://infoclickindia.com/fnews.php?id=303&path_news=kpmg.jpg
A weaker climate of demand over the next twelve months is widely
expected to bring with it reduced inflationary pressures. The net
balance of firms total input costs dropped sharply to a new low of
+24.3, far surpassing the previous low of +43.0 recorded in April
2006. Outsourcing costs are expected to increase at the weakest pace,
followed by other non-staff costs. The net balance for staff costs was
relatively high at +35.4, though this was still a notable fall from
Aprils figure of +56.5 and is the lowest to date. Service providers
expect to raise selling prices at a much weaker rate as a result, with
the net balance falling to a new low of +8.3. Charges are expected to
fall in Ireland (-6.8) and across Post & Telecommunications and
Financial Intermediation sectors at the EU level.
Read full text: http://infoclickindia.com/fnews.php?id=303&path_news=kpmg.jpg