Business

Irish consumer sentiment holds steady ahead of Christmas

Published by Uma Rajagopal

Posted on December 23, 2024

1 min read

· Last updated: January 27, 2026

Add as preferred source on Google
Irish consumers reflecting on economic outlook ahead of Christmas - Global Banking & Finance Review
This image represents the steady sentiment of Irish consumers as they prepare for Christmas 2024, despite economic concerns. It highlights the dynamics of consumer confidence in Ireland's financial landscape.
Global Banking & Finance Awards 2026 — Call for Entries

DUBLIN (Reuters) – Irish consumer sentiment softened slightly in December as increased concerns about the economic outlook were offset by easing worries around household finances, a survey showed on Monday. The Credit Union Consumer Sentiment index fell to 73.9 in December from 74.1 in November. That is well below its long-term average of 84.3 but […]

DUBLIN (Reuters) – Irish consumer sentiment softened slightly in December as increased concerns about the economic outlook were offset by easing worries around household finances, a survey showed on Monday.

The Credit Union Consumer Sentiment index fell to 73.9 in December from 74.1 in November. That is well below its long-term average of 84.3 but considerably higher than the reading of 62.4 a year ago when Ireland was still grappling with high inflation.

“The fractional fall in sentiment between November and December essentially signals no marked change in the mood of Irish consumers through the past three months,” the report’s authors said in a statement.

(Reporting by Conor Humphries; Editing by Sachin Ravikumar)

Frequently Asked Questions

What is consumer sentiment?
Consumer sentiment refers to the overall attitude of consumers towards the economy and their financial situation, which can influence their spending and saving behaviors.
What is the Credit Union Consumer Sentiment index?
The Credit Union Consumer Sentiment index is a measure that reflects the confidence of consumers in their financial situation and the economy, often used to gauge economic trends.
What is inflation?
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power and affecting economic stability.
What is the long-term average in economic terms?
The long-term average refers to the typical value of a financial metric over an extended period, providing a benchmark for assessing current performance.

Tags

Related Articles

More from Business

Explore more articles in the Business category