Irish consumer sentiment receives modest boost from giveaway budget
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FILE PHOTO: General view of construction on a main shopping street, in Dublin, Ireland September 26, 2024. REUTERS/Clodagh Kilcoyne/File Photo
DUBLIN (Reuters) - Irish consumer sentiment improved in October, rising to 74.1 from 71.9 the previous month on a slight easing in cost-of-living pressures and a modest but not dramatic boost from the Oct. 1 giveaway budget, a survey showed on Friday.
The latest reading is well below the Credit Union Consumer Sentiment index's long-term average of 84.3 and shows that consumers remain guarded in how they assess their own finances and the broader economic backdrop, the survey's authors said.
(Reporting by Padraic Halpin; editing by Sarah Young)
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