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Businesses, inflation and pricing.
Byline: McKinsey & Company
Jan. 2--Nearly half of the surveyed executives around the world expect the inflation rate in their countries to rise by at least one percentage point in 2006, while more than half say they won't be able to raise prices. The latest McKinsey Quarterly survey reflects the views of executives from 134 countries, across a full range of industries and from companies of all sizes.
Even though oil prices were declining while the survey was being conducted, executives see energy costs, which rose sharply in 2005, as by far the most significant driver of inflation. Rising real-estate costs took second place.
Inflation in the ...
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