+7.4 on previous index reading
Key Points
- Services Pulse up in July
- Improvement in recent trading conditions
- Near-term expectations for business activity pared back a little
Services Pulse
Services Pulse
Services Pulse
July 2020
58.6
Services Pulse
Demand / Turnover
Past 3 Months
18%
21%
61%
Balance -44%
(+13 on previous reading)
Services Pulse
Demand / Turnover
Next 3 Months
46%
32%
21%
Balance +25%
(-2 on previous reading)
Services Pulse
Jobs
Past 3 Months
6%
59%
35%
Balance -29%
(+12 on previous reading)
Services Pulse
Jobs
Next 3 Months
20%
70%
9%
Balance +11%
(-7 on previous reading)
Services Pulse
Input Costs Excluding Labour
Past 3 Months
25%
53%
22%
Balance +4%
(+23 on previous reading)
Services Pulse
Selling Prices
Next 3 Months
13%
78%
9%
Balance +4%
(+1 on previous reading)
Services Pulse
Export Orders
Next 3 Months
29%
54%
16%
Balance +13%
Services Pulse
Pay Intentions
Next 12 Months
Change ResponseIncrease
| > 4% | 8% |
| 2% to 4% | 7% |
| < 2% | 2% |
Stay more or less the same
75%
Decrease
| < 2% | 1% |
| 2% to 4% | 1% |
| > 4% | 6% |
Services Pulse
Business Ambitions
Next 1 to 3 years
55% growth trajectory
45% less ambitious
17%Confident, actively pursuing opportunities
34% Prefer to stay same size
38%Plan to grow but remain cautious
11%Intend to scale down