BICS weighted Scotland estimates: data to wave 132

Latest main findings for businesses with 10+ employees and a presence in Scotland

• the top concern for businesses for June 2025 was falling demand of goods and services (17.3%); an estimated 18.4% of businesses had no concerns

• for an estimated 40.3% of businesses, the prices of materials, goods or services bought in April 2025 increased compared with the previous month; the highest percentage since April 2023

• an estimated 28.9% of businesses increased the prices of goods or services they sold in April 2025 compared with the previous month; the highest percentage in the series
• an estimated 20.7% of businesses were expecting to increase the prices of goods and services sold in June 2025; labour costs was the top factor for businesses considering price increases (reported by 40.6%)
• in May 2025, an estimated 31.0% of businesses expected their business performance to increase over the next 12 months; an estimated 10.7% of businesses expected performance to decrease

Note that the next BICS Scotland publication, with data to Wave 133, is scheduled for release on Thursday 12 June 2025.