-21.3 on previous index reading
Key Points
- Retail Pulse down in July
- One in two firms expects to increase basic pay over the next 12 months
- 53% have ambitions to grow their business in the next 1 to 3 years
Retail Pulse
Retail Pulse
Retail Pulse
July 2022
61.4
Retail Pulse
Sales
Past 3 Months
27%
42%
31%
Balance -4%
(-11 on previous reading)
Retail Pulse
Sales
Next 3 Months
28%
42%
30%
Balance -2%
(-18 on previous reading)
Retail Pulse
Jobs
Past 3 Months
11%
85%
5%
Balance +6%
(-3 on previous reading)
Retail Pulse
Jobs
Next 3 Months
9%
84%
7%
Balance +2%
(-8 on previous reading)
Retail Pulse
Input Costs Excluding Labour
Past 3 Months
86%
13%
1%
Balance +86%
(-1 on previous reading)
Retail Pulse
Selling Prices
Next 3 Months
72%
27%
2%
Balance +70%
(-4 on previous reading)
Retail Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| >4% | 21% |
| 2% to 4% | 26% |
| <2% | 4% |
Stay more or less the same
49%
Decrease
| <2% | 0% |
| 2% to 4% | 0% |
| >4% | 1% |
Retail Pulse
Business Ambitions
Next 1 to 3 years
53% growth trajectory
47% less ambitious
9%Confident, actively pursuing opportunities
39%Prefer to stay same size
44%Plan to grow but remain cautious
8%Intend to scale down