Economic figure regains some lost Brexit ground

Bank of Ireland says businesses and households more positive in August

29th August, 2016
Consumers more positive about jobs outlook. Pic: RollingNews.ie

The Bank of Ireland Economic Pulse stood at 93.7 in August, up 2.5 points on July, regaining a quarter of the ground lost following the Brexit vote.

The business component of the survey rose in the month, on the back of a pick-up in confidence among firms in the industry, retail and construction sectors. The consumer figure also rose in August, with households more positive about the outlook for the economy and employment.

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