आज भारतीय रिज़र्व बैंक ने 2022-23 की चौथी तिमाही के दौरान संचालित सेवा और आधारभूत संरचना परिदृश्य (एसआइओएस) के तिमाही सर्वेक्षण के 36 वें चक्र का परिणाम जारी किया। भविष्योन्मुखी सर्वेक्षण1 में सेवा और आधारभूत संरचना क्षेत्रों में कार्यरत भारतीय कंपनियों का गुणात्मक मूल्यांकन और उनकी अपेक्षाओं की कैपचरिंग मांग स्थितियों, मूल्य स्थितियों और अन्य कारोबार की शर्तों से संबंधित कारोबारी मानदंडों के एक समुह मे किया जाता है। सर्वेक्षण के इस चक्र में 638 कंपनियों ने 2022-23 की चौथी तिमाही के लिए अपना मूल्यांकन तथा 2023-24 की पहली तिमाही के लिए अपेक्षाओं के साथ-साथ बाद की दो तिमाहियों के लिए प्रमुख मापदंडों पर दृष्टिकोण प्रदान किया।
विशेष:
अ) सेवा क्षेत्र
2022-23 की चौथी तिमाही के लिए मूल्यांकन
-
सेवा क्षेत्र के उद्यमों ने 2022-23 की चौथी तिमाही के दौरान समग्र व्यावसायिक स्थिति और उनके कारोबार में सुधार का आकलन किया (चार्ट 1 और तालिका ए)।
-
रोजगार की स्थिति के बारे में धारणा आशावादी बनी रही, हालांकि पिछले सर्वेक्षण के दौर से उनमें नरमी आई है।
-
लागत का बोझ ऊंचे स्तर पर रहा, हालांकि पिछली तिमाही की तुलना में कुछ कमी का आकलन किया गया है।
-
फर्मों ने 2022-23 की चौथी तिमाही में बिक्री मूल्य और लाभ मार्जिन दोनों के लिए संरक्षित आशावाद व्यक्त किया। भौतिक निवेश का उनका आकलन सकारात्मक था लेकिन पिछले सर्वेक्षण दौर की तुलना में कम था।
2023-24 की पहली तिमाही के लिए अपेक्षाएं
-
2023-24 की पहली तिमाही के दौरान प्रतिवादी समग्र व्यावसायिक स्थिति और टर्नओवर के बारे में उत्साहित थे; वे पूर्णकालिक और अंशकालिक कर्मचारियों दोनों के लिए अनुकूल रोजगार की स्थिति की उम्मीद करते हैं, हालांकि विस्तार की गति कुछ धीमी होने की संभावना है (चार्ट 1 और तालिका ए)।
-
2023-24 की पहली तिमाही में कुछ सहजता के साथ सेवा फर्मों के लिए इनपुट लागत दबाव जारी रहने की संभावना है, और उनकी बिक्री कीमतों में धीमी गति से वृद्धि होने की उम्मीद है; तिमाही के दौरान प्रॉफिट मार्जिन ग्रोथ बरकरार रहने की संभावना है।
2023-24 की दूसरी और तीसरी तिमाही के लिए अपेक्षाएं
ब. आधारभूत संरचना क्षेत्र
2022-23 की चौथी तिमाही के लिए मूल्यांकन
-
आधारभूत संरचना कंपनियों ने समग्र कारोबारी स्थिति और टर्नओवर में तेजी देखी (चार्ट 2 और सारणी बी)।
-
उत्तरदाताओं ने पूर्णकालिक रोजगार और अंशकालिक रोजगार दोनों पर सकारात्मक भावनाओं की सूचना दी।
-
उत्तरदाताओं ने Q4: 2022-23 के लिए इनपुट लागत दबावों में कमी और बिक्री मूल्यों में कम वृद्धि का आकलन किया; तथापि, आधारभूत संरचना में भौतिक निवेश पर उनकी भावना अत्यधिक सकारात्मक रही।
2022-23 की पहली तिमाही के लिए अपेक्षाएं
-
आधारभूत संरचना क्षेत्र में मांग मापदंडों में 2023-24 की पहली तिमाही में सुधार होने की उम्मीद है और नौकरी परिदृश्य का विस्तार होने की उम्मीद है (चार्ट 2 और तालिका बी)।
-
आधारभूत संरचना क्षेत्र के फर्मों ने 2023-24 की पहली तिमाही में बिक्री मूल्य वृद्धि और लाभ मार्जिन दोनों के लिए कम आशावाद व्यक्त किया।
2023-24 की दूसरी और तीसरी तिमाही के लिए अपेक्षाएं
-
फर्मों ने 2023-24 की तीसरी तिमाही तक समग्र व्यावसायिक स्थिति और टर्नओवर पर उच्च आशावाद व्यक्त किया (तालिका डी)।
-
आधारभूत संरचना क्षेत्र में नौकरी परिदृश्य में क्रमिक रूप से सुधार होने की उम्मीद है।
-
2023-24 की पहली तिमाही में कुछ नरमी के बाद, उत्तरदाताओं को उम्मीद है कि अगली दो तिमाहियों में इनपुट की लागत और बिक्री मूल्य में बढ़ोतरी होगी।
![Chart 2: Turnover of Infrastructure Companies -Net Response](https://www.rbi.org.in/scripts/images/SIOS36R06042023_C2.jpg)
Summary of Net Responses2 on Survey Parameters |
Table A: Services Sector |
(per cent) |
Parameters |
Assessment period |
Expectations period |
Q3:2022-23 |
Q4:2022-23 |
Q4:2022-23 |
Q1:2023-24 |
Overall Business Situation |
48.1 |
49.5 |
50.1 |
55.8 |
Turnover |
43.7 |
48.9 |
45.5 |
53.1 |
Full-time Employees |
38.4 |
38.1 |
42.3 |
41.6 |
Part-time Employees |
34.9 |
30.9 |
36.7 |
31.1 |
Availability of Finance |
37.5 |
31.3 |
36.9 |
33.4 |
Cost of Finance |
-36.1 |
-33.5 |
-36.5 |
-32.8 |
Salary & Wages |
-44.2 |
-43.7 |
-38.7 |
-38.4 |
Cost of Inputs |
-41.4 |
-37.2 |
-44.8 |
-41.1 |
Selling Price |
36.0 |
30.9 |
33.4 |
31.3 |
Profit Margin |
35.8 |
33.9 |
39.4 |
39.1 |
Inventories |
43.5 |
34.2 |
43.5 |
34.8 |
Technical/Service Capacity |
37.1 |
33.7 |
37.0 |
34.0 |
Physical Investment |
37.0 |
30.0 |
36.7 |
30.3 |
Table B: Infrastructure Sector |
(per cent) |
Parameters |
Assessment period |
Expectations period |
Q3:2022-23 |
Q4:2022-23 |
Q4:2022-23 |
Q1:2023-24 |
Overall Business Situation |
49.0 |
50.4 |
50.9 |
55.3 |
Turnover |
45.4 |
48.7 |
48.8 |
55.3 |
Full-time Employees |
44.7 |
41.7 |
45.5 |
46.5 |
Part-time Employees |
43.8 |
42.9 |
45.9 |
42.9 |
Availability of Finance |
44.7 |
39.8 |
46.4 |
44.1 |
Cost of Finance |
-44.9 |
-36.3 |
-43.8 |
-41.1 |
Salary & Wages |
-51.9 |
-43.5 |
-44.7 |
-43.9 |
Cost of Inputs |
-46.0 |
-44.2 |
-48.5 |
-47.8 |
Selling Price |
44.5 |
42.3 |
43.8 |
40.7 |
Profit Margin |
44.6 |
36.3 |
45.1 |
40.2 |
Inventories |
45.9 |
43.4 |
46.4 |
46.4 |
Technical/Service Capacity |
44.2 |
42.2 |
44.6 |
43.1 |
Physical Investment |
43.4 |
42.2 |
43.2 |
40.2 |
Expectations of Select Parameters for extended period – Net response |
(in per cent) |
Table C: Services Sector |
Parameter |
Round 35 |
Round 36 |
Q4:2022-23 |
Q1:2023-24 |
Q2:2023-24 |
Q3:2023-24 |
Overall Business Situation |
50.1 |
55.8 |
63.7 |
63.9 |
Turnover |
45.5 |
53.1 |
53.8 |
55.6 |
Full-time Employees |
42.3 |
41.6 |
46.0 |
46.6 |
Part-time Employees |
36.7 |
31.1 |
36.3 |
37.6 |
Cost of Inputs |
-44.8 |
-41.1 |
-45.4 |
-46.4 |
Selling Price |
33.4 |
31.3 |
38.8 |
44.0 |
Table D: Infrastructure Sector |
Parameter |
Round 35 |
Round 36 |
Q4:2022-23 |
Q1:2023-24 |
Q2:2023-24 |
Q3:2023-24 |
Overall Business Situation |
50.9 |
55.3 |
58.8 |
58.0 |
Turnover |
48.8 |
55.3 |
52.6 |
53.5 |
Full-time Employees |
45.5 |
46.5 |
46.5 |
47.4 |
Part-time Employees |
45.9 |
42.9 |
43.0 |
44.2 |
Cost of Inputs |
-48.5 |
-47.8 |
-52.6 |
-54.4 |
Selling Price |
43.8 |
40.7 |
43.8 |
51.8 |
Note: Please see the excel file for time series data.
Services Sector
Table S1: Assessment and Expectation for Overall Business Situation |
(Percentage responses)@ |
Quarter |
Assessment |
Expectation |
Better |
No Change |
Worse |
Net response# |
Better |
No Change |
Worse |
Net response |
Q4:21-22 |
40.7 |
36.0 |
23.4 |
17.3 |
68.3 |
28.2 |
3.5 |
64.8 |
Q1:22-23 |
47.0 |
38.3 |
14.7 |
32.2 |
56.6 |
40.1 |
3.3 |
53.4 |
Q2:22-23 |
45.9 |
48.7 |
5.4 |
40.5 |
59.6 |
36.7 |
3.7 |
55.9 |
Q3:22-23 |
52.4 |
43.3 |
4.3 |
48.1 |
57.4 |
38.1 |
4.4 |
53.0 |
Q4:22-23 |
59.8 |
30.0 |
10.3 |
49.5 |
55.0 |
40.0 |
5.0 |
50.1 |
Q1:23-24 |
|
|
|
|
64.2 |
27.4 |
8.4 |
55.8 |
‘Increase’ in Overall business situation is optimistic.
@: Due to rounding off percentage may not add up to 100.
#: Net Response (NR) is the difference of percentage of the respondents reporting optimism and that reporting pessimism. The range is -100 to 100. Any value greater than zero indicates expansion/ optimism and any value less than zero indicates contraction/ pessimism. |
Table S2: Assessment and Expectation for Turnover |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
41.0 |
32.9 |
26.1 |
14.9 |
67.2 |
28.6 |
4.1 |
63.1 |
Q1:22-23 |
43.1 |
37.7 |
19.2 |
23.9 |
55.5 |
40.2 |
4.3 |
51.1 |
Q2:22-23 |
51.2 |
40.3 |
8.5 |
42.7 |
54.6 |
41.4 |
4.0 |
50.6 |
Q3:22-23 |
49.2 |
45.2 |
5.5 |
43.7 |
61.6 |
34.0 |
4.4 |
57.1 |
Q4:22-23 |
57.4 |
34.0 |
8.5 |
48.9 |
51.5 |
42.5 |
6.0 |
45.5 |
Q1:23-24 |
|
|
|
|
60.0 |
33.1 |
6.9 |
53.1 |
‘Increase’ in Turnover is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S3: Assessment and Expectation for Full-time Employees |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
20.1 |
61.5 |
18.4 |
1.7 |
49.7 |
47.9 |
2.4 |
47.2 |
Q1:22-23 |
28.2 |
57.5 |
14.3 |
13.8 |
27.0 |
68.6 |
4.4 |
22.6 |
Q2:22-23 |
35.6 |
57.7 |
6.7 |
28.9 |
29.1 |
67.8 |
3.1 |
26.0 |
Q3:22-23 |
42.9 |
52.5 |
4.6 |
38.4 |
38.4 |
55.9 |
5.8 |
32.6 |
Q4:22-23 |
45.1 |
48.0 |
7.0 |
38.1 |
47.1 |
48.0 |
4.8 |
42.3 |
Q1:23-24 |
|
|
|
|
47.8 |
45.9 |
6.3 |
41.6 |
‘Increase’ in Full-time Employees is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S4: Assessment and Expectation for Part-time Employees |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
18.5 |
70.4 |
11.1 |
7.4 |
57.5 |
39.7 |
2.7 |
54.8 |
Q1:22-23 |
25.2 |
65.9 |
8.9 |
16.3 |
25.0 |
67.8 |
7.2 |
17.8 |
Q2:22-23 |
22.2 |
71.8 |
6.0 |
16.2 |
29.0 |
64.5 |
6.6 |
22.4 |
Q3:22-23 |
40.1 |
54.8 |
5.1 |
34.9 |
27.8 |
67.3 |
5.0 |
22.8 |
Q4:22-23 |
36.2 |
58.5 |
5.3 |
30.9 |
41.8 |
53.1 |
5.1 |
36.7 |
Q1:23-24 |
|
|
|
|
35.3 |
60.6 |
4.2 |
31.1 |
‘Increase’ in Part-time Employees is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S5: Assessment and Expectation for Availability of Finance |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Improve |
No Change |
Worsen |
Net response |
Improve |
No Change |
Worsen |
Net response |
Q4:21-22 |
32.2 |
46.2 |
21.6 |
10.5 |
50.7 |
45.9 |
3.4 |
47.3 |
Q1:22-23 |
28.5 |
54.9 |
16.5 |
12.0 |
33.5 |
61.3 |
5.2 |
28.2 |
Q2:22-23 |
26.9 |
65.8 |
7.3 |
19.6 |
33.2 |
61.7 |
5.1 |
28.2 |
Q3:22-23 |
42.1 |
53.4 |
4.6 |
37.5 |
32.9 |
61.0 |
6.2 |
26.7 |
Q4:22-23 |
34.9 |
61.6 |
3.6 |
31.3 |
42.3 |
52.4 |
5.4 |
36.9 |
Q1:23-24 |
|
|
|
|
36.0 |
61.4 |
2.6 |
33.4 |
‘Improve’ in Availability of Finance is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S6: Assessment and Expectation for Cost of Finance |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
15.5 |
75.0 |
9.5 |
-6.0 |
43.6 |
54.0 |
2.4 |
-41.2 |
Q1:22-23 |
34.4 |
58.5 |
7.1 |
-27.3 |
17.3 |
79.9 |
2.8 |
-14.5 |
Q2:22-23 |
35.1 |
59.5 |
5.4 |
-29.7 |
31.5 |
66.0 |
2.5 |
-29.1 |
Q3:22-23 |
40.7 |
54.7 |
4.6 |
-36.1 |
39.7 |
57.1 |
3.2 |
-36.5 |
Q4:22-23 |
36.7 |
60.1 |
3.2 |
-33.5 |
41.6 |
53.2 |
5.2 |
-36.5 |
Q1:23-24 |
|
|
|
|
35.4 |
62.0 |
2.6 |
-32.8 |
‘Decrease’ in Cost of Finance is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S7: Assessment and Expectation for Salary/Wages |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
24.1 |
71.6 |
4.3 |
-19.8 |
49.6 |
49.3 |
1.1 |
-48.5 |
Q1:22-23 |
40.4 |
55.1 |
4.5 |
-35.9 |
37.0 |
62.4 |
0.6 |
-36.3 |
Q2:22-23 |
46.1 |
51.0 |
2.9 |
-43.3 |
28.4 |
70.5 |
1.1 |
-27.3 |
Q3:22-23 |
47.9 |
48.4 |
3.7 |
-44.2 |
42.4 |
56.0 |
1.6 |
-40.9 |
Q4:22-23 |
47.6 |
48.4 |
3.9 |
-43.7 |
43.3 |
52.1 |
4.6 |
-38.7 |
Q1:23-24 |
|
|
|
|
45.9 |
46.7 |
7.5 |
-38.4 |
‘Decrease’ in Salary/Wages is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S8: Assessment and Expectation for Cost of Inputs |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
63.5 |
32.9 |
3.6 |
-59.9 |
73.1 |
26.1 |
0.8 |
-72.4 |
Q1:22-23 |
67.0 |
29.9 |
3.2 |
-63.8 |
61.0 |
36.6 |
2.3 |
-58.7 |
Q2:22-23 |
46.0 |
50.3 |
3.6 |
-42.4 |
62.0 |
36.1 |
1.9 |
-60.2 |
Q3:22-23 |
46.1 |
49.2 |
4.7 |
-41.4 |
49.4 |
45.6 |
4.9 |
-44.5 |
Q4:22-23 |
41.9 |
53.4 |
4.7 |
-37.2 |
50.1 |
44.5 |
5.3 |
-44.8 |
Q1:23-24 |
|
|
|
|
43.8 |
53.6 |
2.7 |
-41.1 |
‘Decrease’ in Cost of Inputs is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S9: Assessment and Expectation for Selling Price |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
24.2 |
65.7 |
10.2 |
14.0 |
54.1 |
43.1 |
2.8 |
51.4 |
Q1:22-23 |
31.9 |
60.1 |
8.0 |
23.9 |
29.5 |
65.9 |
4.6 |
24.9 |
Q2:22-23 |
19.1 |
74.9 |
5.9 |
13.2 |
33.3 |
63.1 |
3.6 |
29.8 |
Q3:22-23 |
40.8 |
54.4 |
4.8 |
36.0 |
25.7 |
68.3 |
6.1 |
19.6 |
Q4:22-23 |
34.4 |
62.2 |
3.5 |
30.9 |
38.9 |
55.6 |
5.5 |
33.4 |
Q1:23-24 |
|
|
|
|
35.7 |
60.0 |
4.3 |
31.3 |
‘Increase’ in Selling Price is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S10: Assessment and Expectation for Profit Margin |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
21.2 |
46.4 |
32.4 |
-11.1 |
46.5 |
47.0 |
6.5 |
40.1 |
Q1:22-23 |
19.0 |
49.3 |
31.7 |
-12.7 |
28.9 |
61.3 |
9.8 |
19.1 |
Q2:22-23 |
21.9 |
58.3 |
19.9 |
2.0 |
30.1 |
58.1 |
11.8 |
18.3 |
Q3:22-23 |
41.9 |
52.0 |
6.1 |
35.8 |
36.3 |
54.3 |
9.5 |
26.8 |
Q4:22-23 |
43.6 |
46.7 |
9.7 |
33.9 |
44.8 |
49.7 |
5.4 |
39.4 |
Q1:23-24 |
|
|
|
|
48.4 |
42.3 |
9.3 |
39.1 |
‘Increase’ in Profit Margin is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S11: Assessment and Expectation for Inventories |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
18.9 |
70.6 |
10.6 |
8.3 |
54.9 |
41.8 |
3.4 |
51.5 |
Q1:22-23 |
25.4 |
66.7 |
8.0 |
17.4 |
22.9 |
72.5 |
4.7 |
18.2 |
Q2:22-23 |
33.7 |
62.7 |
3.6 |
30.1 |
27.5 |
68.9 |
3.6 |
24.0 |
Q3:22-23 |
48.3 |
46.9 |
4.8 |
43.5 |
40.5 |
56.8 |
2.7 |
37.8 |
Q4:22-23 |
38.1 |
58.1 |
3.8 |
34.2 |
48.8 |
46.0 |
5.2 |
43.5 |
Q1:23-24 |
|
|
|
|
38.6 |
57.7 |
3.7 |
34.8 |
‘Increase’ in Inventories is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S12: Assessment and Expectation for Technical/Service Capacity |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
23.7 |
71.6 |
4.7 |
18.9 |
65.1 |
34.1 |
0.8 |
64.3 |
Q1:22-23 |
25.8 |
71.9 |
2.3 |
23.5 |
31.3 |
66.9 |
1.8 |
29.4 |
Q2:22-23 |
24.0 |
73.8 |
2.2 |
21.8 |
33.9 |
63.8 |
2.3 |
31.7 |
Q3:22-23 |
41.7 |
53.6 |
4.7 |
37.1 |
29.5 |
68.8 |
1.7 |
27.7 |
Q4:22-23 |
36.4 |
60.9 |
2.7 |
33.7 |
41.5 |
53.9 |
4.6 |
37.0 |
Q1:23-24 |
|
|
|
|
36.4 |
61.1 |
2.5 |
34.0 |
‘Increase’ in Technical/Service Capacity is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table S13: Assessment and Expectation for Physical Investment |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
20.5 |
74.3 |
5.3 |
15.2 |
61.5 |
37.4 |
1.1 |
60.3 |
Q1:22-23 |
25.0 |
72.5 |
2.5 |
22.5 |
27.7 |
69.9 |
2.4 |
25.3 |
Q2:22-23 |
21.4 |
76.7 |
2.0 |
19.4 |
32.5 |
66.5 |
1.0 |
31.5 |
Q3:22-23 |
41.3 |
54.4 |
4.3 |
37.0 |
22.8 |
75.8 |
1.5 |
21.3 |
Q4:22-23 |
32.2 |
65.5 |
2.3 |
30.0 |
41.4 |
53.9 |
4.7 |
36.7 |
Q1:23-24 |
|
|
|
|
33.0 |
64.3 |
2.7 |
30.3 |
‘Increase’ in Physical Investment is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Infrastructure Sector
Table I1: Assessment and Expectation for Overall Business Situation |
(Percentage responses)@ |
Quarter |
Assessment |
Expectation |
Better |
No Change |
Worse |
Net response# |
Better |
No Change |
Worse |
Net response |
Q4:21-22 |
46.9 |
29.6 |
23.5 |
23.5 |
75.7 |
19.9 |
4.4 |
71.3 |
Q1:22-23 |
46.9 |
26.9 |
26.2 |
20.8 |
59.3 |
34.6 |
6.2 |
53.1 |
Q2:22-23 |
41.9 |
46.8 |
11.3 |
30.6 |
53.1 |
36.9 |
10.0 |
43.1 |
Q3:22-23 |
55.5 |
38.0 |
6.5 |
49.0 |
49.2 |
46.7 |
4.1 |
45.1 |
Q4:22-23 |
60.9 |
28.7 |
10.4 |
50.4 |
56.8 |
37.2 |
6.0 |
50.9 |
Q1:23-24 |
|
|
|
|
60.5 |
34.2 |
5.3 |
55.3 |
‘Increase’ in Overall business situation is optimistic.
@: Due to rounding off percentage may not add up to 100.
#: Net Response (NR) is the difference of percentage of the respondents reporting optimism and that reporting pessimism. The range is -100 to 100. Any value greater than zero indicates expansion/ optimism and any value less than zero indicates contraction/ pessimism. |
Table I2: Assessment and Expectation for Turnover |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
45.0 |
31.3 |
23.8 |
21.3 |
73.3 |
20.0 |
6.7 |
66.7 |
Q1:22-23 |
37.2 |
30.2 |
32.6 |
4.7 |
51.3 |
37.5 |
11.3 |
40.0 |
Q2:22-23 |
45.5 |
40.7 |
13.8 |
31.7 |
43.0 |
46.1 |
10.9 |
32.0 |
Q3:22-23 |
52.6 |
40.2 |
7.2 |
45.4 |
56.1 |
35.0 |
8.9 |
47.2 |
Q4:22-23 |
60.9 |
27.0 |
12.2 |
48.7 |
55.8 |
37.2 |
7.0 |
48.8 |
Q1:23-24 |
|
|
|
|
61.4 |
32.5 |
6.1 |
55.3 |
‘Increase’ in Turnover is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I3: Assessment and Expectation for Full-time Employees |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
12.5 |
80.0 |
7.5 |
5.0 |
54.5 |
39.6 |
6.0 |
48.5 |
Q1:22-23 |
22.7 |
62.5 |
14.8 |
7.8 |
23.1 |
71.8 |
5.1 |
17.9 |
Q2:22-23 |
31.5 |
60.5 |
8.1 |
23.4 |
20.6 |
74.6 |
4.8 |
15.9 |
Q3:22-23 |
51.2 |
42.3 |
6.5 |
44.7 |
36.4 |
57.0 |
6.6 |
29.8 |
Q4:22-23 |
47.0 |
47.8 |
5.2 |
41.7 |
52.4 |
40.7 |
6.9 |
45.5 |
Q1:23-24 |
|
|
|
|
50.9 |
44.7 |
4.4 |
46.5 |
‘Increase’ in Full-time Employees is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I4: Assessment and Expectation for Part-time Employees |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
4.4 |
88.9 |
6.7 |
-2.2 |
73.2 |
24.7 |
2.1 |
71.1 |
Q1:22-23 |
17.2 |
75.9 |
6.9 |
10.3 |
20.5 |
75.0 |
4.5 |
15.9 |
Q2:22-23 |
19.7 |
71.3 |
9.0 |
10.7 |
21.8 |
72.7 |
5.5 |
16.4 |
Q3:22-23 |
50.3 |
43.2 |
6.5 |
43.8 |
24.6 |
68.6 |
6.8 |
17.8 |
Q4:22-23 |
46.4 |
50.0 |
3.6 |
42.9 |
52.1 |
41.7 |
6.2 |
45.9 |
Q1:23-24 |
|
|
|
|
43.8 |
55.4 |
0.9 |
42.9 |
‘Increase’ in Part-time Employees is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I5: Assessment and Expectation for Availability of Finance |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Improve |
No Change |
Worsen |
Net response |
Improve |
No Change |
Worsen |
Net response |
Q4:21-22 |
31.3 |
46.3 |
22.5 |
8.8 |
66.4 |
29.1 |
4.5 |
61.9 |
Q1:22-23 |
29.5 |
49.6 |
20.9 |
8.5 |
28.8 |
67.5 |
3.8 |
25.0 |
Q2:22-23 |
30.9 |
60.2 |
8.9 |
22.0 |
33.9 |
59.8 |
6.3 |
27.6 |
Q3:22-23 |
50.5 |
43.7 |
5.8 |
44.7 |
43.4 |
50.8 |
5.7 |
37.7 |
Q4:22-23 |
45.1 |
49.6 |
5.3 |
39.8 |
52.2 |
41.9 |
5.8 |
46.4 |
Q1:23-24 |
|
|
|
|
46.8 |
50.5 |
2.7 |
44.1 |
‘Improve’ in Availability of Finance is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I6: Assessment and Expectation for Cost of Finance |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
27.4 |
67.1 |
5.5 |
-21.9 |
59.4 |
38.3 |
2.3 |
-57.0 |
Q1:22-23 |
43.0 |
51.2 |
5.8 |
-37.2 |
26.8 |
71.8 |
1.4 |
-25.4 |
Q2:22-23 |
43.8 |
48.8 |
7.4 |
-36.4 |
39.8 |
58.5 |
1.7 |
-38.1 |
Q3:22-23 |
51.0 |
42.8 |
6.2 |
-44.9 |
47.5 |
46.7 |
5.8 |
-41.7 |
Q4:22-23 |
43.4 |
49.6 |
7.1 |
-36.3 |
49.7 |
44.5 |
5.8 |
-43.8 |
Q1:23-24 |
|
|
|
|
43.8 |
53.6 |
2.7 |
-41.1 |
‘Decrease’ in Cost of Finance is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I7: Assessment and Expectation for Salary/Wages |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
23.8 |
72.5 |
3.8 |
-20.0 |
59.0 |
41.0 |
0.0 |
-59.0 |
Q1:22-23 |
38.5 |
55.4 |
6.2 |
-32.3 |
38.8 |
60.0 |
1.3 |
-37.5 |
Q2:22-23 |
31.1 |
64.8 |
4.1 |
-27.0 |
20.8 |
76.9 |
2.3 |
-18.5 |
Q3:22-23 |
56.3 |
39.2 |
4.4 |
-51.9 |
35.0 |
62.4 |
2.6 |
-32.5 |
Q4:22-23 |
47.0 |
49.6 |
3.5 |
-43.5 |
50.5 |
43.6 |
5.8 |
-44.7 |
Q1:23-24 |
|
|
|
|
46.5 |
50.9 |
2.6 |
-43.9 |
‘Decrease’ in Salary/Wages is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I8: Assessment and Expectation for Cost of Inputs |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
77.5 |
19.7 |
2.8 |
-74.6 |
83.1 |
15.4 |
1.5 |
-81.5 |
Q1:22-23 |
79.5 |
19.7 |
0.8 |
-78.7 |
80.3 |
18.3 |
1.4 |
-78.9 |
Q2:22-23 |
50.0 |
44.2 |
5.8 |
-44.2 |
76.0 |
23.1 |
0.8 |
-75.2 |
Q3:22-23 |
52.2 |
41.6 |
6.2 |
-46.0 |
53.0 |
42.7 |
4.3 |
-48.7 |
Q4:22-23 |
46.9 |
50.4 |
2.7 |
-44.2 |
55.3 |
37.8 |
6.9 |
-48.5 |
Q1:23-24 |
|
|
|
|
49.6 |
48.7 |
1.8 |
-47.8 |
‘Decrease’ in Cost of Inputs is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I9: Assessment and Expectation for Selling Price |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
21.4 |
73.2 |
5.4 |
16.1 |
66.4 |
32.7 |
0.9 |
65.5 |
Q1:22-23 |
32.2 |
54.0 |
13.8 |
18.4 |
25.0 |
73.2 |
1.8 |
23.2 |
Q2:22-23 |
27.5 |
60.0 |
12.5 |
15.0 |
34.1 |
62.4 |
3.5 |
30.6 |
Q3:22-23 |
51.4 |
41.8 |
6.8 |
44.5 |
32.2 |
62.6 |
5.2 |
27.0 |
Q4:22-23 |
46.8 |
48.6 |
4.5 |
42.3 |
50.3 |
43.1 |
6.6 |
43.8 |
Q1:23-24 |
|
|
|
|
43.5 |
53.7 |
2.8 |
40.7 |
‘Increase’ in Selling Price is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I10: Assessment and Expectation for Profit Margin |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
19.0 |
35.4 |
45.6 |
-26.6 |
57.4 |
33.1 |
9.6 |
47.8 |
Q1:22-23 |
13.8 |
34.6 |
51.5 |
-37.7 |
27.8 |
57.0 |
15.2 |
12.7 |
Q2:22-23 |
22.0 |
54.5 |
23.6 |
-1.6 |
22.5 |
62.0 |
15.5 |
7.0 |
Q3:22-23 |
52.2 |
40.1 |
7.6 |
44.6 |
34.7 |
47.1 |
18.2 |
16.5 |
Q4:22-23 |
46.0 |
44.2 |
9.7 |
36.3 |
52.8 |
39.6 |
7.6 |
45.1 |
Q1:23-24 |
|
|
|
|
47.3 |
45.5 |
7.1 |
40.2 |
‘Increase’ in Profit Margin is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I11: Assessment and Expectation for Inventories |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
19.1 |
74.5 |
6.4 |
12.8 |
64.9 |
31.6 |
3.5 |
61.4 |
Q1:22-23 |
20.9 |
70.1 |
9.0 |
11.9 |
24.4 |
71.1 |
4.4 |
20.0 |
Q2:22-23 |
36.4 |
55.9 |
7.6 |
28.8 |
25.8 |
71.2 |
3.0 |
22.7 |
Q3:22-23 |
52.4 |
41.0 |
6.6 |
45.9 |
45.8 |
47.5 |
6.8 |
39.0 |
Q4:22-23 |
48.7 |
46.0 |
5.3 |
43.4 |
53.6 |
39.2 |
7.2 |
46.4 |
Q1:23-24 |
|
|
|
|
48.2 |
50.0 |
1.8 |
46.4 |
‘Increase’ in Inventories is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I12: Assessment and Expectation for Technical/Service Capacity |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
28.6 |
60.7 |
10.7 |
17.9 |
76.7 |
22.2 |
1.1 |
75.6 |
Q1:22-23 |
23.5 |
73.5 |
2.9 |
20.6 |
32.1 |
64.3 |
3.6 |
28.6 |
Q2:22-23 |
25.5 |
68.2 |
6.4 |
19.1 |
29.4 |
67.6 |
2.9 |
26.5 |
Q3:22-23 |
50.2 |
43.9 |
6.0 |
44.2 |
27.7 |
70.5 |
1.8 |
25.9 |
Q4:22-23 |
45.9 |
50.5 |
3.7 |
42.2 |
50.5 |
43.5 |
6.0 |
44.6 |
Q1:23-24 |
|
|
|
|
45.0 |
53.2 |
1.8 |
43.1 |
‘Increase’ in Technical/Service Capacity is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
Table I13: Assessment and Expectation for Physical Investment |
(Percentage responses) |
Quarter |
Assessment |
Expectation |
Increase |
No Change |
Decrease |
Net response |
Increase |
No Change |
Decrease |
Net response |
Q4:21-22 |
17.2 |
75.9 |
6.9 |
10.3 |
77.4 |
20.4 |
2.2 |
75.3 |
Q1:22-23 |
27.0 |
67.6 |
5.4 |
21.6 |
24.1 |
69.0 |
6.9 |
17.2 |
Q2:22-23 |
22.0 |
72.5 |
5.5 |
16.5 |
38.9 |
58.3 |
2.8 |
36.1 |
Q3:22-23 |
49.7 |
44.1 |
6.3 |
43.4 |
26.9 |
70.4 |
2.8 |
24.1 |
Q4:22-23 |
45.9 |
50.5 |
3.7 |
42.2 |
49.8 |
43.6 |
6.6 |
43.2 |
Q1:23-24 |
|
|
|
|
43.9 |
52.3 |
3.7 |
40.2 |
‘Increase’ in Physical Investment is optimistic. Footnotes @ and # given in Table 1 are applicable here. |
|