Download Business

Business Pulse

Business Pulse

December 2021

The Business Pulse stood at 82.4 in December 2021, down 2.9 on last month but 11.2 higher than a year ago. The deteriorating public health situation made for an unsettled backdrop this month and all four sectoral Pulses fell further. But with the experience economy very much in the eye of the COVID storm, the Services index came in quite a bit below the Industry, Retail and Construction indices. While the virus was clearly on the business radar in December, supply disruption is still an issue and is continuing to have spill-over effects – three in four firms reported increases in non-labour input costs over the past three months, while 55% said that they are likely to hike their selling prices in the period ahead.

Business Pulse

December 2021

Key Points

  • Business Pulse down in December
  • Heightened virus uncertainty
  • And general nervousness among firms

Business Pulse

December 2021

Business Pulse

December 2021

82.4

-2.9 on previous index reading

Business Pulse

December 2021

”The Business Pulse lost ground for a second month running in December.”

Dr Loretta O’Sullivan
Group Chief Economist
Bank of Ireland

Business Pulse

December 2021

Sector Snapshot

boi063a_pdf_images_03a_table