Quarterly Economic Survey Q2 2021: Marked Improvement in Business Conditions but Inflation Concerns Hit Record Highs
Significantly more firms reporting improvements in key indicators, such as domestic sales and business confidence with some measures returning to pre-pandemic levels However, these rises come from the lowest base in the 31-year history of the QES, and business conditions remain fragile The balance of manufacturers expecting to increase their prices hits the highest level in the history of the QES dataset, while the proportion of businesses citing inflation as a…