Business sentiment hits almost two-year low as demand softens

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Business sentiment hits almost two-year low as demand softens via IrishTimesBiz

Retail and industry

More positively, the October survey found growth ambitions were steady, with half of firms still planning to expand their business in the next one to three years. Separately, the October PMI survey data from AIB revealed persistently weak underlying demand at the start of the final quarter of 2022 as new manufacturing orders fell for the fifth month running.

 

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