Consumers more confident about future of Irish economy

Consumers are more confident about the future of the Irish economy.

Consumers more confident about future of Irish economy

Consumers are more confident about the future of the Irish economy.

January's KBC Bank/ESRSI consumer sentiment index is at its highest level in 17 years.

Austin Hughes is KBC Bank's Chief Economist.

He says consumers, though, are not necessarily experiencing a boom.

He said: "There is a sense that things have stopped getting worse for many consumers.

"It is not that they are enjoying a boom but there is less gloom about.

"There are fewer people saying that their financial circumstances are continuing to worsen.

"I think confidence is returning."

- Digital Desk

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