Consumer Sentiment Index fell in August 2017, down from 105.1 to 102.9 (Chart 1). This represents the first decline in the index since February and bucks the trend of rising sentiment seen since the beginning of the year. However, sentiment is still rising on a three month moving average basis. The fall in the index has been driven by heightened negativity amongst Irish households in regard to their views on current economic conditions. Consumer expectations regarding future developments continue to improve…
Research Area:Macroeconomics Date of Publication: September 6, 2017 Publisher: KBC Bank/ESRI Place of Publication: Dublin
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