Irish consumer confidence at highest point for three years
Consumer confidence in Ireland has reached its highest point in three years.
According to the latest Consumer Confidence Monitor results, Irish consumers are positive about wages and spending.
The results of the survey show that 22% of respondents feel that the country will be better off this year, compared with just 9% of those surveyed in March.
More than half of the respondents expected their income to be either the same as it is now, or higher, over the next year.
The survey, which is called the Behaviour and Attitudes Consumer Confidence Tracker, surveyed 1,008 adults.
However, the highest level of positivity was shown by respondents in the Dublin area, with a third of those believing the economy will have improved within the next 12 months.
Just 13% of those surveyed in the Munster region felt positive about the economy in the next 12 months.
Munster respondents showed the lowest level of positivity. The results of the survey were released as the latest consumer review by Retail Excellence Ireland was published.
The Irish Retail Industry Performance Review for the second quarter, carried out by Retail Excellence Ireland, shows that the month-on-month sales decline actually started to rise again, reversing the trends seen in February and March.
Article courtesy of Evening Echo newspaper
