Almost two-thirds of small businesses preparing holiday season inventory in the United Kingdom said in a 2022 survey that in that year, they had ordered business inventory stock earlier and in larger quantities than usual.
Impact of inflation on the timing and volume of inventory orders of small businesses in the United Kingdom (UK) in 2022
Characteristic
Share of respondents
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Small businesses preparing holiday season inventory
Method of interview
Online survey
Supplementary notes
79 percent of businesses were product-based.
Businesses had up to 100 employees, 52 percent had 1-10 employees.
The average annual revenue was 709,000 GBP.
Businesses that did not consider the holiday season important to overall annual performance were excluded.
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Intuit QuickBooks. (November 8, 2022). Impact of inflation on the timing and volume of inventory orders of small businesses in the United Kingdom (UK) in 2022 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1350611/inflation-small-businesses-inventory-order-uk/
Intuit QuickBooks. "Impact of inflation on the timing and volume of inventory orders of small businesses in the United Kingdom (UK) in 2022." Chart. November 8, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1350611/inflation-small-businesses-inventory-order-uk/
Intuit QuickBooks. (2022). Impact of inflation on the timing and volume of inventory orders of small businesses in the United Kingdom (UK) in 2022. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1350611/inflation-small-businesses-inventory-order-uk/
Intuit QuickBooks. "Impact of Inflation on The Timing and Volume of Inventory Orders of Small Businesses in The United Kingdom (Uk) in 2022." Statista, Statista Inc., 8 Nov 2022, https://www.statista.com/statistics/1350611/inflation-small-businesses-inventory-order-uk/
Intuit QuickBooks, Impact of inflation on the timing and volume of inventory orders of small businesses in the United Kingdom (UK) in 2022 Statista, https://www.statista.com/statistics/1350611/inflation-small-businesses-inventory-order-uk/ (last visited August 25, 2024)
Impact of inflation on the timing and volume of inventory orders of small businesses in the United Kingdom (UK) in 2022 [Graph], Intuit QuickBooks, November 8, 2022. [Online]. Available: https://www.statista.com/statistics/1350611/inflation-small-businesses-inventory-order-uk/