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Latest Consumer Sentiment Index

Consumer Sentiment increases in June


The overall KBC Ireland/ESRI Consumer Sentiment Index increased in June to 81.1, from 79.4 in May. The 3-month moving average fell for the second consecutive month, to 82.6 from 83.2 in May.

Commenting on the results David Byrne, ESRI, said

•††“Consumer Sentiment rose slightly in June, following a sharp fall in May. The increase was driven by improving perceptions of the current economic environment.”

• “The Index of Current Economic Conditions rose to 95.8, from 90.6 in May. Households were more positive about the current buying climate and their financial situation compared with 12 months ago.”

•†“The Index of Consumer Expectations fell slightly in June, to 71.2 from 7.8 last month. While households expect their financial situation to improve over the next 12 months, they were more negative in their views of the economy and labour market.”

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