Ireland: Consumer confidence rises to a one-year high in March but remains pessimistic
Consumer confidence rose to 77.1 in March, notably above February’s 70.8 and rising to a one-year high. Nonetheless, despite the index remained below the 100-threshold, still indicating pessimism among consumers.
February’s improvement was largely attributed to less pessimistic views of the general economic and unemployment outlook. Moreover, consumers’ perception of their expected personal financial situation in the coming 12 months turned less negative.