More than half of SMEs raising prices to cope with inflation

Despite a fall in inflation, business optimism among SMEs has remained stagnant 

PRA65C contactless payment - woman paying bill with smartphone at cafe

More than half of Irish SMEs have taken steps to raise prices, with business optimism stagnating despite falling inflation.

According to the latest Linked Finance SME Confidence Index, businesses are looking to boost earnings as general price levels gradually decline, with 54% taking measures beyond pricing to mitigate the impact of inflation.