BICS weighted Scotland estimates: data to wave 68
Business Insights and Conditions Survey (BICS) weighted Scotland estimates containing data to wave 68.
This document is part of a collection
Business Concerns
In Wave 68 the BICS asked businesses about their main concerns in November 2022.
Business concern question: Which of the following, if any, will be the main concern for your business in November 2022?
- business rates
- competition
- energy prices
- exchange rates
- inflation of goods and services prices
- interest rates (including mortgages)
- supply chain disruption
- taxation
- other
- not sure
- no concerns for my business
In Wave 68, the response option "interest rates" was updated to include specific reference to mortgages.
Figure 1: The main concerns for businesses for November 2022 were energy prices (32.7%) and inflation of goods and services prices (26.0%).
Source: Office for National Statistics – BICS – Weighted Scotland Estimates – Wave 68
Inflation of goods and services prices, and energy prices have been the top reported concerns since this series began in March 2022 (Wave 51). The proportion of businesses reporting that energy prices is the main concern for their business has decreased from 38.7% (Wave 66) to 32.7% (Wave 68).
Contact
For enquiries about this publication please contact:
Marina Curran
Business & Innovation Statistics
Office of the Chief Economic Adviser
e-mail: marina.curran@gov.scot or industrystatistics@gov.scot
For general enquiries about Scottish Government statistics please contact:
Office of the Chief Statistician
Telephone: 0131 244 0442
e-mail: statistics.enquiries@gov.scot
There is a problem
Thanks for your feedback