+17.2 on previous index reading
Key Points
- Retail Pulse up in April
- A quarter of firms expect to increase basic pay over the next 12 months
- 57% have ambitions to grow their business in the next 1 to 3 years
Retail Pulse
Retail Pulse
Retail Pulse
April 2021
87.5
Retail Pulse
Sales
Past 3 Months
25%
34%
41%
Balance -16%
(+17 on previous reading)
Retail Pulse
Sales
Next 3 Months
50%
36%
14%
Balance +37%
(+13 on previous reading)
Retail Pulse
Jobs
Past 3 Months
9%
83%
8%
Balance +1%
(+8 on previous reading)
Retail Pulse
Jobs
Next 3 Months
16%
81%
3%
Balance +13%
(+9 on previous reading)
Retail Pulse
Input Costs Excluding Labour
Past 3 Months
42%
49%
9%
Balance +33%
(+1 on previous reading)
Retail Pulse
Selling Prices
Next 3 Months
37%
62%
1%
Balance +35%
(-5 on previous reading)
Retail Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 4% | 6% |
| 2% to 4% | 14% |
| < 2% | 6% |
Stay more or less the same
73%
Decrease
| < 2% | 1% |
| 2% to 4% | 0% |
| > 4% | 1% |
Retail Pulse
Business Ambitions
Next 1 to 3 years
57% growth trajectory
43% less ambitious
21%Confident, actively pursuing opportunities
37%Prefer to stay same size
36%Plan to grow but remain cautious
6%Intend to scale down