IoD: Many top Irish bosses brace for hit from rising inflation

Firms fear that inflation and supply chain issues will dent growth during the first quarter of 2022

Maura Quinn, chief executive of the Institute of Directors in Ireland: 'Wage inflation and supply chain issues are sources of real concern for business leaders.'

Over 80% of business leaders fear rising inflation will dent their financial growth during the first quarter of 2022.

A similarly high percentage are concerned that wage inflation will hamper their staff retention and recruitment capabilities, a survey by the Institute of Directors in Ireland shows.