For the first time Macedonia is part of KPMG’s Pulse of Economy survey which reached out to 759 business leaders across Central and Eastern Europe to paint a comprehensive picture of the economy in 2017.
Only 25% of business leaders in Macedonia envision growth in the economy in 2017
In the CEE region, 44% of respondents believe that the economic situation will improve somewhat or significantly. Unlike their CEE peers, only 25% of business leaders in Macedonia envision growth in the economy in 2017, with additional 40% not seeing any particular changes.
On the other hand, 70% of the Macedonian participants in the survey expect monetary stability in the next year and are confident that inflation will remain under 2.0%.
According to 45% of the respondents, infrastructure should be the Government’s top priority in the 2017-2019 period.
Headcount to go up
Macedonian companies are not standing still and 40% are planning to increase their headcount in 2017, same as the CEE average, with over 60% of the companies intending to make increases in the salary levels.
More about where Macedonia stands
KPMG’s survey also queried business leaders on issues like tax policy and administration, innovation and disruptive technologies, data & analytics, employee hiring and retention and salaries, among others. Access the complete results in the interactive version or download the report.
© 2017 KPMG DOOEL Skopje, a Macedonian limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.