The CEO of business group, Ibec, has welcomed the signs of progress between the UK and the EU in a deal over the Northern Ireland Protocol.
"This matters to business in the Irish Republic as well," said Danny McCoy,"So we've all got a great interest in seeing this come to some conclusion and certainty. I think against that certainty platform, we can go forward and get a breakthrough."
However, the growing cost of doing business, housing challenges, and talent availability, are issues that are beginning to erode confidence "The fact that it's now turning is good news and hopefully we'll see core inflation, which is still about 5%, come down because that tends to affect wage demands and so on, so it's good news and any uncertainty that is being removed is a good thing."
However, 80% of respondents believe that the next six months will see weaker growth, driven largely by concerns on input cost inflation, rising labour costs, volatile energy markets and housing availability.
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