Consumer confidence is balancing out, but consumers remain cautious overall.
This wave of the B&A Consumer Confidence Barometer was conducted from October 21st to 1st November.
Consumer confidence is now at -14, which is an improvement on the dip experienced last month but remains well below pre covid averages. This improvement comes on the back of positive news coverage as more restrictions eased and nightclubs reopened.
Despite the improvement in consumer confidence consumers’ cautious attitudes towards spending continues, while attitudes towards the value of personal finances and assets remain steady. Thus, the data suggests, that despite some continued reopening optimism, Irish consumers will remain cautious for some time.
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