Ecostat projects industrial producer prices will rise 7% year-on-year (yr/yr) in October.

Ecostat sees gross wages rising 7.3% yr/yr in October, with public sector wages climbing 5.8% and private sector wages increasing 8%.

Ecostat sees retail sales growth picking up to 0.8% yr/yr by October.

It projects a workday- and seasonally-adjusted 6.1% yr/yr expansion of industrial output, with domestic sales climbing 2.9%, but export sales rising 8.6%. (MTI – Econews)