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Ireland Consumer Confidence November 2021

Ireland: Consumer confidence records worst reading since April in November

Consumer confidence came in at 83.1 in November, down from October’s 86.8. November’s result marked the worst reading since April. As a result, the index became further entrenched below the 100-threshold that separates pessimism from optimism among consumers.

The weaker print was in large part due to a worsening of consumers’ outlook for the economy and for jobs, amid an uptick in Covid-19 cases, rising energy and house prices, and renewed Brexit concerns.

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