When looking ahead to February 2023, nearly one in five (19 per cent) businesses reported energy prices were their main concern, followed by the inflation of goods and services prices (16 per cent) and the falling demand of goods and services (13 per cent).
As of late January this year, 37 per cent businesses had taken some form of action to reduce their energy costs in the last three months, with 23 per cent of those businesses reporting they had switched electrical equipment to standby or off more than usual when not in use.
In late January this year, of the 45 per cent of businesses that were not planning to reduce their energy costs in the next three months, 60 per cent reported the business’s energy efficiency had already been optimised.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
