-9.7 on previous index reading
Key Points
- Services Pulse down in July
- Over one in three firms expect to increase basic pay over the next 12 months
- 65% have ambitions to grow their business in the next 1 to 3 years
Services Pulse
Services Pulse
Services Pulse
July 2019
81.8
Services Pulse
Demand / Turnover
Past 3 Months
33%
53%
14%
Balance +19%
(-10 on previous reading)
Services Pulse
Demand / Turnover
Next 3 Months
35%
55%
10%
Balance +25%
(-11 on previous reading)
Services Pulse
Jobs
Past 3 Months
12%
80%
7%
Balance +5%
(-4 on previous reading)
Services Pulse
Jobs
Next 3 Months
13%
83%
4%
Balance +9%
(-4 on previous reading)
Services Pulse
Input Costs Excluding Labour
Past 3 Months
40%
57%
3%
Balance +37%
(-5 on previous reading)
Services Pulse
Selling Prices
Next 3 Months
16%
81%
2%
Balance +14%
(-2 on previous reading)
Services Pulse
Export Orders
Next 3 Months
32%
59%
9%
Balance +22%
Services Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 4% | 12% |
| 2% to 4% | 20% |
| < 2% | 4% |
Stay more or less the same
62%
Decrease
| < 2% | 0% |
| 2% to 4% | 1% |
| > 4% | 1% |
Services Pulse
Business Ambitions
Next 1 to 3 years
65% growth trajectory
35% less ambitious
18%Confident, actively pursuing opportunities
27%Prefer to stay same size
47%Plan to grow but remain cautious
8%Intend to scale down