Credit union consumer sentiment points to optimistic consumers but long way off average over three decades via IrishTimesBiz
However, the gap between the current reading of 59.7 and the 27-year average of the sentiment series at 85.3 suggests any recovery in Irish consumer confidence “has still some distance to go before it might be considered fully formed,” the economist and author of the report Austin Hughes said.
It suggests that while 44 per cent of consumers would use savings for unexpected financial difficulty – up from 34 per cent last year – almost one in five people say they have no way of handling financial emergency, compared with 7 per cent a year ago. “Encouragingly, all three elements of the sentiment survey related to household finances showed clear gains in April.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Windsor Framework will ensure NI consumers get same goods as rest of UK, says EU chiefAgreement will make trade between UK and North smoother and ensure same food and medicines available in both regions, Šefčovič tells TDs
Read more »
Moody’s affirms Gas Network Ireland’s A2 credit ratingMoody’s move follows agency’s upgrading of Irish sovereign debt
Read more »
GM raises full-year profit forecast, citing strong pricing, demandHigher prices didn’t discourage consumers from spending on new cars via IrishTimesBiz
Read more »
UBS pulled in €25.3 billion in run-up to Credit Suisse dealIntegration of Credit Suisse could take as long as four years
Read more »
Coveney should ask Workhuman to restart ‘fatally flawed’ redundancy process, union saysFinancial Services Union says layoff process at Irish tech unicorn should be rerun after some staff were emailed information relating to severance packages during the 30-day consultation period
Read more »
Coveney should ask Workhuman to restart ‘fatally flawed’ redundancy process, union saysFinancial Services Union says layoff process at Irish tech unicorn should be rerun after some staff were emailed information relating to severance packages during the 30-day consultation period
Read more »