Irish consumer sentiment dropped for the fourth consecutive month in May, reaching 65.7.

Irish consumer sentiment has dropped for the fourth consecutive month in May, with the Credit Union Consumer Sentiment Index falling to 65.7 from 67.8 in April. This decline is attributed to the lack of improvement in financial circumstances despite encouraging signs of economic growth and decreasing inflation. Consumer confidence across the Atlantic has also fallen, reflecting the ongoing cost-of-living crisis.

May 22, 2024
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