+11.8 on previous index reading
Key Points
- Industry Pulse up in April
- Over a third of firms expect to increase basic pay over the next 12 months
- 71% have ambitions to grow their business in the next 1 to 3 years
Industry Pulse
Industry Pulse
Industry Pulse
April 2021
94.4
Industry Pulse
Production
Past 3 Months
24%
41%
35%
Balance -11%
(+12 on previous reading)
Industry Pulse
Production
Next 3 Months
58%
34%
8%
Balance +50%
(+16 on previous reading)
Industry Pulse
Jobs
Past 3 Months
13%
76%
11%
Balance +2%
(+8 on previous reading)
Industry Pulse
Jobs
Next 3 Months
23%
73%
4%
Balance +19%
(+4 on previous reading)
Industry Pulse
Input Costs Excluding Labour
Past 3 Months
50%
44%
6%
Balance +44%
(+9 on previous reading)
Industry Pulse
Selling Prices
Next 3 Months
37%
60%
2%
Balance +35%
(+1 on previous reading)
Industry Pulse
Export Orders
Next 3 Months
41%
50%
10%
Balance +31%
Industry Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 4% | 7% |
| 2% to 4% | 20% |
| < 2% | 8% |
Stay more or less the same
63%
Decrease
| < 2% | 0% |
| 2% to 4% | 1% |
| > 4% | 2% |
Industry Pulse
Business Ambitions
Next 1 to 3 years
71% growth trajectory
29% less ambitious
27%Confident, actively pursuing opportunities
23% Prefer to stay same size
44%Plan to grow but remain cautious
5%Intend to scale down