+0.2 on previous index reading
Key Points
- Services Pulse broadly unchanged in April
- Firms downgrade near-term expectations for business activity and hiring
- 56% have ambitions to grow in the next 1 to 3 years
Services Pulse
Services Pulse
Services Pulse
April 2022
92.6
Services Pulse
Demand / Turnover
Past 3 Months
45%
44%
11%
Balance +34%
(0 on previous reading)
Services Pulse
Demand / Turnover
Next 3 Months
41%
49%
10%
Balance +31%
(-12 on previous reading)
Services Pulse
Jobs
Past 3 Months
13%
80%
7%
Balance +6%
(+4 on previous reading)
Services Pulse
Jobs
Next 3 Months
21%
77%
2%
Balance +19%
(-3 on previous reading)
Services Pulse
Input Costs Excluding Labour
Past 3 Months
78%
21%
1%
Balance +77%
(+1 on previous reading)
Services Pulse
Selling Prices
Next 3 Months
47%
53%
0%
Balance +47%
(0 on previous reading)
Services Pulse
Export Orders
Next 3 Months
49%
47%
5%
Balance +44%
Services Pulse
Business Ambitions
Next 1 to 3 years
56% growth trajectory
44% less ambitious
19%Confident, actively pursuing opportunities
34% Prefer to stay same size
38%Plan to grow but remain cautious
9%Intend to scale down