Slight improvement in consumer confidence but strong concerns about
rising prices remain.

This wave of the B&A Consumer Confidence Barometer was conducted from the 10th-20th June 2022.

Following a slight increase in May, consumer confidence is down significantly from -57 in May to -72 for June, driven by high inflation and fears of an upcoming recession.

4 in 5 now believe the country will be worse off in the coming year, with less than 1 in 10 believing the country will be better off. This is the lowest level of consumer confidence since September 2020.

Survey results are based on a sample of 1,019 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.

Fears of an upcoming recession is also evident, with a decline in outlook for value of personal assets.

READ OR DOWNLOAD THE FULL REPORT HERE

For more details and the full report or more information, please contact Jimmy Larsen and Pooja Sankhe: jimmy@banda.ie and pooja@banda.ie