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Irish Consumer Sentiment Holds Steady In October

Published on Oct 26 2021 12:30 PM in General Industry tagged: KBC Bank Irish Consumer Sentiment Index / COVID-19

Irish Consumer Sentiment Holds Steady In October

Irish consumer sentiment held steady in October just below June's two-year high as respondents reported growing confidence about the economic recovery but lingering concerns about their personal finan...

Irish consumer sentiment held steady in October just below June's two-year high as respondents reported growing confidence about the economic recovery but lingering concerns about their personal finances, a survey showed on Friday October 22.

Irish Consumer Sentiment

The KBC Bank Ireland consumer sentiment inched up to 86.8 from 86.4 in September.

It reached a coronavirus pandemic-high of 87.2 in June as restaurants and pubs began to reopen following the country's third and longest shutdown.

The economy has largely reopened, but the government this week said it would retain a requirement for vaccine certificates in bars and restaurants for several more months.

"The dominant mood appears to be one of continuing caution born out of uncertainty and experience rather than runaway confidence that would reflect a view that the worst is behind us," said KBC Ireland chief economist Austin Hughes.

News by Reuters, edited for Hospitality Ireland by Conor Farrelly. Click subscribe to sign up for the Hospitality Ireland print edition.

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