Irish consumer sentiment weakens in May
Ireland's consumer sentiment declined in May amid concerns about economic outlook, the latest survey report from KBC Bank and the Economic and Social Research Institute, or ESRI showed Friday.
Ireland The latest survey report
In May, consumers were moderately optimistic about the economic outlook. Data also revealed that their ongoing concerns about personal finances worsened.
KBC's chief economist Austin Hughes noted that it may seem strange that Irish consumers are more sensitive to the risk of an economic setback than to the reality of relatively robust growth at present. ■
