Consumer sentiment softens in July but Brexit not seen as an immediate threat

The fall in the consumer sentiment index was not as large as feared

3rd August, 2016
Consumer sentiment softened in July but not by as much as feared

The KBC Bank Ireland/ESRI consumer sentiment index fell to 99.6 in July from 103.4 in June, a smaller monthly decline than those seen in March or May.

"Brexit has less immediately threatening implications for the average Irish consumer than it does for firms exporting to the UK but the details of the survey point to a clear understanding that Brexit is bad news for the Irish economy and, by extension, for Irish households."

The report showed...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Analysis: At what point could Covid-19 be reasonably compared to a cold or flu?

Ten steps to save yourself at least €5,000 in 2022

Dan O’Brien: Our national inferiority complex fuels the move towards angry populism

Aidan Regan: ‘One size fits all’ doesn’t work for Europe’s many varieties of capitalism