Retail Ireland Monitor August 2022

The outlook is marked by inflationary pressures across the supply chain and rapidly rising business costs. At the same time, Government-backed labour market reforms, such as statutory sick pay, pension auto-enrolment and a new Living Wage, will add enormously to labour costs for years to come. Addressing these challenges demands a decisive government response in September's budget, including a direct cash rebate to employers from the National Training Fund.