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Retail Pulse

Retail Pulse

July 2022

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

July 2022

Retail Pulse

July 2022

61.4

-21.3 on previous index reading

Retail Pulse

July 2022

Sales

Past 3 Months

Shape Created with Sketch. 27%
42%
31%

Balance -4%

(-11 on previous reading)

Retail Pulse

July 2022

Sales

Next 3 Months

Shape Created with Sketch. 28%
42%
30%

Balance -2%

(-18 on previous reading)

Retail Pulse

July 2022

Jobs

Past 3 Months

Shape Created with Sketch. 11%
85%
5%

Balance +6%

(-3 on previous reading)

Retail Pulse

July 2022

Jobs

Next 3 Months

Shape Created with Sketch. 9%
84%
7%

Balance +2%

(-8 on previous reading)

Retail Pulse

July 2022

Input Costs Excluding Labour

Past 3 Months

Shape Created with Sketch. 86%
13%
1%

Balance +86%

(-1 on previous reading)

Retail Pulse

July 2022

Selling Prices

Next 3 Months

Shape Created with Sketch. 72%
27%
2%

Balance +70%

(-4 on previous reading)

Retail Pulse

July 2022

Pay Intentions

Next 12 Months

Change Response
Shape Created with Sketch. Increase
>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

July 2022

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