Uncertain times: Consumer Confidence Declines
Looking specifically at Qtr 1 2019 consumer confidence levels, consumers living outside Dublin are least optimistic towards the economy, particularly those living in Connaught and Ulster regions.
The most obvious factor fuelling this sense of caution is Brexit and uncertainty around its implications. This is especially prevalent for those living in the northern part of the country who will be most exposed to its consequences.
The increased cost of goods and services is also being noticed widely across the population and, as Brexit looms, consumer caution towards spending has heightened.
Thus, the economy is not without its challenges.
Read more of the Consumer Confidence Tracker here.