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Survey Reveals, 58% Of Northern Irish Are Pessimistic About Economy

Published on Sep 18 2019 6:50 AM in Retail tagged: Featured Post / Trending Posts / Brexit Barometer / NI Brexit Barometer

Survey Reveals, 58% Of Northern Irish Are Pessimistic About Economy

According a recent survey, 58% of people in Northern Ireland are pessimistic about the general economic situation for the year ahead.

Almost two thirds (65%) of the respondents believe the economy will suffer as a result of Brexit according to new research from Core, Ireland’s largest marketing communications company.

The ‘NI Brexit Barometer’ research was conducted to measure how the six counties in Northern Ireland feel towards Brexit and how it will impact their lives.

"What we can see from this second wave of the Brexit Barometer is that while there are many areas which British and Irish politicians cannot agree on, the citizens of the North tend to be in agreement with the citizens in the south," said Finian Murphy, marketing director of Core.

While 16% of people in the south said managing the impact of Brexit should be the national priority, 24% in Northern Ireland said Brexit should be the region’s main priority.

This was the number one concern for the younger generation with 29% saying it should be the top priority.

Every day essentials

63% believe buying petrol and diesel will be a worse experience post Brexit, while 61% are worried about purchasing groceries post Brexit, the research showed.

"The young generation in particular understand that every day essentials like buying food or fuel will be impacted and that in the long-term, they worry about the peace process and that the economy will suffer.” He added.

One of the greatest concerns Northern Irish people have is the impact Brexit will have on crossing the border, particularly those under 40.

© 2019 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click subscribe to sign up for the Checkout print edition. 

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