Rise in business insolvencies linked to inflation – Irish Examiner

A total of 185 insolvencies were recorded in July, August, and September, versus 120 in the third quarter of 2022.

Irelands economy has remained relatively strong this year despite cost-of-living challenges and a mixed global outlook. The year-on-year data suggests that inflationary pressures have driven an uptick in the rate of insolvencies, said CRIF-Vision-Net.

Over the period of analysis, a slight increase in insolvencies was seen in education, leasing, and retail, all of…

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