Cost of living: Inflation continues to hit NI consumer confidence

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Cost of living: Inflation continues to hit NI consumer confidence
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Consumer confidence is continuing to fall in Northern Ireland as inflation rises, DanskeBank_UK survey suggests

Consumer confidence in Northern Ireland continued to fall in the second quarter of 2022, a Danske Bank survey has suggested.That is compared toThe latest survey of 1,000 people was carried out in the second half of June.

"This high inflation was the largest driver of the fall in consumer confidence and, looking forward, it's likely that consumer price inflation will rise even higher." When asked about job security, 60% expected no change in job security and only 9% thought their job security would worsen, largely unchanged since the last survey.

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