Economic slowdown indicated by increase in reduced price
That is a sharp drop from the 66 percent in the previous quarter, a 2.5-year low, and further proof that the downturn is spreading to the real economy. NBP experts point to dwindling demand, falling fuel prices and flagging wage growth as the main reasons behind the change in pricing strategies.
Marek Moczulski, chairman of the sweets maker Mieszko, is among those who do not expect any price increases throughout next year. Prices will not completely stagnate, however, companies plan an average 1.5 percent rise, down from 2.7 percent in the previous quarter, with power and coal firms preparing the highest increases.
Source: Puls Biznesu (P.M)
Marek Moczulski, chairman of the sweets maker Mieszko, is among those who do not expect any price increases throughout next year. Prices will not completely stagnate, however, companies plan an average 1.5 percent rise, down from 2.7 percent in the previous quarter, with power and coal firms preparing the highest increases.
Source: Puls Biznesu (P.M)
