Businesses remain pessimistic about growth and the economic outlook, but are less worried about inflation, the latest BDO business trends survey said.
The survey's output index remains below 95 which indicates growth, while the optimism index, which predicts business performance two quarters ahead.
BDO said: "Manufacturers' confidence in their prospects for next year is particularly low, with an optimism index score of just 85.9, a decrease of 3.3 from 89.2 in October."
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