Cost Of Living Crisis
Anxiety rises as consumers struggle to put brakes on spending
Latest RedC consumer sentiment study finds that 85 per cent of people are trying to cut back ahead of a costly winter, but only 51 per cent have so far managed to do so
Irish consumers are worried they won’t be able to curtail spending enough to cope with rising prices according to a new study by RedC, the research company.
The firm’s quarterly consumer mood monitor found that an overwhelming majority, 85 per cent, of Irish people are trying to cut costs, but only 51 per cent have succeeded in doing so.
Colm Finlay, senior research executive at RedC, told the Business Post there were multiple factors behind ...