Euro zone sentiment suffered its steepest ever monthly decline in March as the coronavirus led to declining confidence among consumers and all sectors of the economy. In many cases the declines were evident even before crippling lockdowns were imposed.  Economic sentiment in the 19 countries sharing the euro fell to 94.5 points in March from […]
Consumer sentiment remained subdued in February as concerns over household finances largely cancelled out optimism around the economy in general, a new survey shows today. Ireland has remained the European Union’s fastest growing economy during three years of Brexit talks. But today’s survey shows that many consumers are not seeing an improvement to their financial […]
Consumer prices rose by 1.3% in the year to the end of January, according to the Central Statistics Office, maintaining the level recorded at the end of 2019. Prices fell on a monthly basis, however, by 0.7%. According to the CSO prices in education saw the biggest increase over the 12 month period, up 4.1%.  […]
Consumer sentiment hit a six-month high in January, buoyed by the reduced risk of a disorderly British exit from the European Union. But sentiment was still sharply lower in January than it was a year ago. Ireland has remained the European Union’s fastest growing economy during three years of Brexit talks, but consumer confidence faltered […]
Progress towards the achievement of a Brexit resolution has lifted consumer confidence this month, new research has found. But the Bank of Ireland Economic Pulse for November also recorded that despite the brighter consumer mood, Brexit uncertainty continues to weigh on businesses’ investment plans. The index, a composite of separate measures of consumer and business […]
Consumer sentiment fell for a fourth successive month for the first time since late 2012 as uncertainty over Brexit continued to weigh on confidence, a survey showed today.  While the economy here has remained the fastest growing in the EU throughout three years of Brexit talks, consumer confidence took a hit in recent months as […]
Consumer price growth slows in July – CSO Consumer prices rose by 0.5% in July compared to the same month of 2018, according to the Central Statistics Office. That represents a significant slowdown in the pace of inflation, which stood at 1.1% in the year to June and 1.7% in April. In the year to […]
Consumers spent €1.7 billion online in March New figures from the Central Bank show that there are more payment cards than people in this country, with just over six million active credit or debit cards in circulation. In the first three months of the year, Irish people spent just over €1.7 billion using those cards […]
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