NORDIC CHAMBER Press Archive
PwC: Half of CEOs expect double-digit inflation
(CIANEWS) - In 2023, the inflation rate will remain well above the 2% target of the Czech National Bank, half of the CEOs of Czech companies even expect double-digit inflation. The PwC CEO Survey also shows that 35 % of managers expect inflation between 11 and 15 %, 12 % expect price increases between 16 and 20 %. Rising production costs will continue to be the main driver of price growth. An increase in input prices is estimated by eight out of ten directors. For 15 % of companies, costs will remain at the level of 2022. PwC partner Olga Cilečková added that companies will mainly deal with expensive energy this year.