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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.
•áá“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.”