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Business Pulse

Business Pulse

November 2019

The Business Pulse came in at 81.8 in November 2019, up 2.9 on last month but down 8.1 on a year ago. All four sectoral Pulses posted firmer readings this month, with the Retail Pulse – buoyed by broadly positive expectations for the Christmas trading period – leading the charge. While the mood music around Brexit has been more positive lately, there is still considerable uncertainty as to when and how the UK will leave the EU. This is having a knock-on effect on investment decisions, with the November survey finding that around half of the firms that expect to be impacted by Brexit are putting their plans for 2020 on hold, much like the ‘wait and see’ approach they adopted this year.

Business Pulse

November 2019

Key Points

  • Business Pulse up in November
  • One in five retailers expects their festive turnover to be higher than last year
  • Brexit weighing on investment plans

Business Pulse

November 2019

Business Pulse

November 2019

81.8

+2.9 on previous index reading

Business Pulse

November 2019

”Business sentiment was up in November but ongoing Brexit uncertainty looks set to keep a lid on investment into next year.”

Dr Loretta O’Sullivan
Group Chief Economist
Bank of Ireland

Business Pulse

November 2019

Sector Snapshot

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