Further drop in consumer confidence, fueled by inflation and concerns about the economy
This wave of the B&A Consumer Confidence Barometer was conducted from the 31st Mar – 11th April 2022.
Rising costs of living combined with continued concerns about the impact of the war in Ukraine has led to a further drop in consumer confidence.
Consumer confidence is now -62, down from -52 in March and dramatically lower than the pre-war
-3 recorded in the beginning of 2022.
Almost half of the population expect their disposable income to be lower next year – this is especially the case outside Dublin. Just 1 in 5 expect their disposable income to be higher in the coming year.
Survey results are based on a sample of 1,003 adults aged 16+, quota controlled in terms of age, gender, socio-economic class and region to reflect the profile of the adult population of the Republic of Ireland. All interviewing on this wave was conducted via B&A’s Acumen online barometer.
For more details and the full report or more information, please contact Jimmy Larsen and Pooja Sankhe: jimmy@banda.ie and pooja@banda.ie
