Irish consumer sentiment declined in May for the first time this year, reflecting increased concerns about the current economic environment, a new survey showed.
The KBC Bank Ireland/ESRI consumer sentiment index fell to 61.0 in May from 62.5 in April, its first decline this year. The index of current economic conditions dropped from 78.7 in April to 76.4 in May and the index of consumer expectations fell to 50.6, down from 51.7 in April.
"The drop in consumer sentiment in...
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