Ireland Consumer Confidence March 2021

Ireland

Ireland: Consumer confidence rises to a one-year high in March but remains pessimistic

March 25, 2021

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.

FocusEconomics Consensus Forecast panelists project private consumption to expand 5.6% in 2021, which is from up 0.5 percentage points last month’s forecast. For 2022, the panel sees private consumption growth at 5.7%.


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Ireland Consumer Confidence March 2021

Note: The KBC Bank Ireland Consumer Sentiment Index.
Source: KBC Bank Ireland.


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