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Ireland Consumer Confidence January 2021

Ireland: Consumer confidence falls to three-month low in first month of 2021

The KBC Bank Ireland/ESRI consumer confidence dived to 64.9 in January from December’s 74.6 and marking the lowest reading since October 2020. As a result, the index fell further below the 100-threshold, separating pessimism from optimism among consumers.

Although a detailed breakdown is not yet available, sentiment among Irish consumer likely deteriorated in January due to the spike in new coronavirus cases and the tightening of lockdown measures.

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