According to the results of the “Quick and Exceptional Survey of Companies – May 2022 Edition” of the National Statistics Institute (INE), “67% of companies expect to increase sales prices in 2022, compared to 2021, 32% expect a maintenance of prices and only 2% mention a price reduction”.
Nearly half (48%) of companies expect sales price increases of 5% or more, with the proportion of companies expecting to increase prices by 10% or more higher than those expecting increases of 4% or less (26% and 18% of companies, respectively).
The percentage of companies that expect an increase in sales prices in 2022 increases with size: 52% in micro, 66% in small, 74% in medium and 73% in large companies.
Business sectors
By sector of activity, INE highlights four sectors by the percentage of companies that expect an increase in sales prices in 2022: 'Industry and energy' (78%), 'accommodation and catering' (75%), 'transport and storage' (73%) and 'trade' (70%). In the 'information and communication' and 'other services' sectors, more than half of the companies expect to maintain prices in 2022 (57% and 52%, respectively).