However, the findings reveal that consumers are less optimistic about their finances.This index combines the results of the Consumer and Business Pulses.
"It’s encouraging to see the Economic Pulse up for a second consecutive month in 2022 and also back above its pre-pandemic reading," said Dr Loretta O'Sullivan, Group Chief Economist for Bank of Ireland. With Covid-19 restrictions more or less fully removed, firms in all four sectors were more upbeat about near-term prospects for business activity - although elevated costs remain a concern.
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