Consumer price inflation expectations
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Ability to pass on cost increases to price
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Change in non-labour input costs
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Change in company performance
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Changes in productivity (e.g. tick faster if labour costs grow faster because productivity has improved)
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Ability to recruit/retain staff
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Availability of foreign workers
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National Living Wage
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Employer pension contributions
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Economic uncertainty (inc. UK future trading arrangements)
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Other (e.g. apprenticeship levy; average hours worked) - specify below
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