Ireland and the impacts of Brexit on the retail sector
DBEI is currently leading a range of Brexit research projects which will provide an extensive evidence base and valuable analysis to inform and guide the Government’s response to Brexit. Work includes:
- a major study examining the strategic implications arising from EU-UK trading patterns (Copenhagen Economics Study)
- a study examining the qualitative sectoral implications arising from Brexit
- a study examining the import content of Irish exports
- a study examining the skills needs arising from the potential trading and regulatory implications of Brexit
- a study by the Competition and Consumer Protection Commission (CCPC) with the ESRI analysing the financial impact of Brexit on consumers in Ireland
At the recent Retail Consultation Forum session, the DBEI presentation focused in particular on an analysis of the negative impact of Brexit on the Irish retail sector. The likely increase in consumer prices as a result of the introduction of tariffs, the decrease in consumer demand, disruptions in the supply chain and on logistics were discussed as just a few of many challenges for the Irish retail sector as a result of Brexit.
An overview document published by DBEI that provides a summary of supports and resources available can be downloaded here.