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Irish Budget 'A Mixed Bag' For Retailers, Retail Ireland Says

Published on Oct 10 2018 12:35 PM in Retail tagged: Ireland / Retail Ireland / Budget / Brexit / Paywall

Irish Budget 'A Mixed Bag' For Retailers, Retail Ireland Says

Retail Ireland, a representative group for the Irish retail sector, has said that the government's 2019 Budget announcement represents a 'mixed bag' for the retail sector, and will do little to improve the sector's competitive position.

Commenting on the Budget announcement, which took place on Tuesday, Thomas Burke, the director of Retail Ireland, said, "The Irish retail sector has come under increasing pressure from rapidly rising input costs in areas such as rent, insurance and labour over recent months.

"This cost base challenge is likely to be exacerbated by Brexit and other geopolitical events over the coming months, as supply chain complexity and costs increase," added Burke.

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