The ballot reveals that value expectations rose to 19.7 in December, up from 18.1 in November final month. This continues an upturn since a brief low of 14.5 factors in August. Of observe, eating places specifically need to enhance costs (87.6 factors, up from 45.9 factors final month) as they’re more likely to go on the renewed VAT enhance to prospects. The small print:
- Eating places: 87.6 (beforehand 45.9)
- Retailers: 29.8 (beforehand 26.6)
- Manufacturing: 3.6 (beforehand 2.6)
- Building: -1.0 (beforehand -4.2)
This text was written by Justin Low at www.forexlive.com.
