-3.8 on previous index reading
Key Points
- Retail Pulse down in July
- Two in five firms expect to increase basic pay over the next 12 months
- 60% have ambitions to grow their business in the next 1 to 3 years
Retail Pulse
Retail Pulse
Retail Pulse
July 2021
85.8
Retail Pulse
Sales
Past 3 Months
44%
37%
20%
Balance +24%
(+13 on previous reading)
Retail Pulse
Sales
Next 3 Months
37%
50%
13%
Balance +24%
(-15 on previous reading)
Retail Pulse
Jobs
Past 3 Months
16%
78%
6%
Balance +10%
(+1 on previous reading)
Retail Pulse
Jobs
Next 3 Months
10%
85%
4%
Balance +6%
(-7 on previous reading)
Retail Pulse
Input Costs Excluding Labour
Past 3 Months
62%
36%
2%
Balance +60%
(+12 on previous reading)
Retail Pulse
Selling Prices
Next 3 Months
49%
50%
2%
Balance +47%
(-2 on previous reading)
Retail Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 4% | 9% |
| 2% to 4% | 27% |
| < 2% | 5% |
Stay more or less the same
57%
Decrease
| < 2% | 1% |
| 2% to 4% | 0% |
| > 4% | 0% |
Retail Pulse
Business Ambitions
Next 1 to 3 years
60% growth trajectory
40% less ambitious
20%Confident, actively pursuing opportunities
33%Prefer to stay same size
40%Plan to grow but remain cautious
7%Intend to scale down