Wednesday June 3, 2020

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!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 1 month ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 1 month ago

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 months ago