Businesspeople expect price increases

More than half of Serbia’s businesspeople expect the prices of their products to increase in the next six months, recent surveys show.

Izvor: Beta

Sunday, 11.04.2010.

12:30

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More than half of Serbia’s businesspeople expect the prices of their products to increase in the next six months, recent surveys show. According to a survey by the Institute for Market Research (IZIT), 49 percent of producers expect their product prices to increase within the next six months and none of them expect prices to fall. Businesspeople expect price increases IZIT performed the survey in late February and early March, adding that such expectations are a result of inflatory risks that begin with prices regulated by the state—energy prices and the uncertainty surrounding the exchange rate and value of the domestic currency. Businesspeople are optimistic in the sense that future business conditions are expected to improve on the Serbian market, the survey stated. The optimism is based on the expectations that the state would begin serious investments in traffic, communications and energy infrastructure, IZIT stated. Businesspeople are counting on economic recovery from the crisis and expect that industrial production would see a slight improvement as well. the survey states.

Businesspeople expect price increases

IZIT performed the survey in late February and early March, adding that such expectations are a result of inflatory risks that begin with prices regulated by the state—energy prices and the uncertainty surrounding the exchange rate and value of the domestic currency.

Businesspeople are optimistic in the sense that future business conditions are expected to improve on the Serbian market, the survey stated.

The optimism is based on the expectations that the state would begin serious investments in traffic, communications and energy infrastructure, IZIT stated.

Businesspeople are counting on economic recovery from the crisis and expect that industrial production would see a slight improvement as well. the survey states.

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