Rising market volatility sees just under half of Irish businesses optimistic for 2023

Data shows just 56% of Irish businesses expect to increased revenue in 2023

Despite this significant drop, Irish businesses are still more optimistic about the economic outlook than the rest of the EU at 43%.

Irish businesses are increasingly concerned about the country's economic outlook, with just 56% of firms optimistic for the next twelve months.

The dip in optimism is matched by a downward business trend, data from Grant Thornton has revealed, with just over half of Irish businesses expecting a revenue increase in 2023.