Northern Ireland’s business are managing to weather the current inflationary headwinds but most expect the economy to contract this year.
Those are the findings of the latest economic survey from NI Chamber which found one third of businesses are trading well while nearly half are trading ‘reasonably’.
Perhaps surprising given the hike in interest rates and soaring inflation, 55% are confident their business will grow in 2023, that is despite the majority experiencing sharp increases in energy costs.
