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.