It could be a while before we see an easing in the high rate of company liquidations

Credit specialist Centrix's May Indicator Report shows positive trends emerging, with consumer arrears again lower than last year.

But company liquidations are up 30 percent year-on-year, with 175 recorded in April.

Managing Director Keith McLaughlin says they should stabilise in the next couple of months, before trending downward.

He says there's an increase in consumer confidence, meaning people are going out and spending more - which will create stimulation for businesses.