KBC predict tough Christmas period for shoppers

There is a warning today that the outlook for spending over the Christmas period is weak.

KBC predict tough Christmas period for shoppers

There is a warning today that the outlook for spending over the Christmas period is weak.

That is according to the monthly index of consumer sentiment from KBC Bank and the ESRI, which showed a very slight increase this month.

It rose from 60.2 last month to 60.9 in October but that jump follows a drop of nearly 10 points in September.

KBC bank says sentiment for the past two months has dropped from levels seen during the summer, and they are predicting a tough Christmas period for shoppers and retailers alike.

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