Food Drink Ireland Business Monitor, Implementing Brexit

The editorial of the latest Food Drink Ireland Business Monitor highlights that non-tariff barriers are now a reality between EU and UK following Brexit.  The publication explores the challenges already faced by importers and what lies ahead for exporters from 1^st Oct when the second phase of the UK’s Border Operating Model takes effect. It also discusses the impacts of regulatory divergence, the requirement for substantial funding from the Brexit Adjustment Reserve and the need for a renewed focus on lowering the cost of doing business in Ireland.

Statistical updates and charts in the Business Monitor include:

• Domestic market – food prices; retail sales and consumer sentiment; employment forecast
• Macro trends – sterling/dollar exchange rates; factory gate prices; food commodity indices
• Trade – Irish monthly food trade; UK consumer confidence and food retail; UK share of Irish food and drink exports

Download the full report below.