August brought a small but continuing drop in consumer confidence in the Republic as households braced themselves for further price pressures, according to KBC Bank Ireland. The lender’s latest consumer sentiment index weakened slightly this month to 53.4 from 53.7 the previous month, marking a 22-month low. Consumer confidence here has fallen for six out of the last seven months.
Read the full article on The Irish Times website
NAM Implications:
- Presumably no surprises in this era of uncertainty.
- Where mortgage interest rates are double that of Continental EU.
- On top of all the usual negative global factors…
