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This drop in anticipated demand coupled with sharp price increases has also driven predictions of falling profits.

Business confidence plummets on inflationary pressures

Business confidence here has dropped sharply to its lowest level since October of 2020 as a result of concerns about the impact of strong inflationary pressures on demand, according to the latest Accenture/S&P Global Ireland Business Outlook.

Business • 18 Jul 22

Bank of Ireland's Economic Pulse fell to 61.6 in January, down 8.6 on the December reading and 24.5 lower than the same time a year ago

Bank of Ireland Economic Pulse falls sharply in January

Both consumer and business confidence fell in January after a return to Level 5 Covid-19 restrictions with schools and non-essential construction closed again.

Business • 25 Jan 21

One in six people plan to spend more on Christmas presents this year

Brexit hiatus lifts consumer and business confidence

Progress towards the achievement of a Brexit resolution has lifted consumer confidence this month, new research has found.

Business • 25 Nov 19

The Ifo economic institute said its business climate index held steady at 102.2 after revising up the April reading from an initial 102.1

German business morale steadies in May

German business confidence held steady in May after falling for five months in a row, suggesting company executives in Europe's biggest economy are keeping their cool despite the possibility of a global trade war.

Business • 25 May 18

Confidence amongst consumers is showing the greatest signs of recovery, the latest Bank of Ireland Economic Pulse shows

Bank of Ireland Economic Pulse falls for second month

Consumer confidence is rising but businesses are becoming increasingly uncertain, according to the latest Economic Pulse from Bank of Ireland.

Business • 26 Jun 17

The Brexit fallout has replaced economic uncertainty as the biggest concern for SME owners, ISME's CEO Mark Fielding says

SME business confidence drops after Brexit vote

Business confidence among Irish small and medium sized businesses has fallen after the Brexit vote in the UK, a new survey shows.

Business • 11 Jul 16

German businesses have become more confident on the back of a prospective deal over Greece

German business confidence rose slightly in July

German business confidence rose slightly in July, reflecting relief in Europe's biggest economy about the de-escalation in the Greece debt crisis, the Ifo economic institute has said.

Business • 27 Jul 15

The Ifo index looks at companies' current activity and forecasts for the coming six months

German business confidence falls to 13 month low

Germany's Ifo business confidence index fell to the lowest level for more than a year in August, data has shown, as Europe's biggest economy continues to run out of steam.

Business • 25 Aug 14