BICS weighted Scotland estimates: data to wave 87
Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 87 (including data for Wave 86).
This document is part of a collection
Business Concerns
In Wave 87, the BICS asked businesses about their main concerns in August 2023.
Business concern question: Which of the following, if any, will be the main concern for your business in August 2023?
- business rates
- competition with other UK businesses
- energy prices
- exchange rates
- inflation of goods and services prices
- interest rates (including mortgages)
- property rental costs
- supply chain disruption
- taxation
- falling demand of goods and services
- other
- not sure
- no concerns for my business
Figure 2: The top three concerns for businesses for August 2023 were inflation of goods and services prices (20.9%), energy prices (19.3%) and falling demand for goods and services (15.0%). Comparing to the previous month, fewer businesses are now reporting energy prices as their main concern.
Estimated share of businesses by main concern for August 2023. Businesses currently trading, with 10+ employees and a presence in Scotland. Wave 87.
Source: BICS Weighted Scotland Estimates - Wave 87 from the Scottish Government
Download the data for this publication (.xlsx, 6.1MB): for Figure 2 data see table ‘BusinessConcern’.
Contact
For enquiries about this publication please contact:
Marina Curran
Business & Innovation Statistics
Office of the Chief Economic Adviser
e-mail: industrystatistics@gov.scot
For general enquiries about Scottish Government statistics please contact:
Office of the Chief Statistician
e-mail: statistics.enquiries@gov.scot
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