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Economic and hiring outlook, Second Quarter 2008: A McKinsey Global Survey

• Despite high inflationary prospects around the world, most executives don’t expect their companies to raise prices in the near term.
• More than 70 percent say that input costs have risen. According to manufacturers, the increase in energy costs is the global problem that’s had the greatest impact on the overall economic condition of their companies.
• A significant proportion of the executives—especially those representing public companies and large ones—aren’t sure that their companies can raise prices.