Irish Consumer Sentiment: December Dips Slightly Amid Economic Concerns

Consumer sentiment in Ireland saw a slight decline in December due to concerns about the economic outlook, partially offset by reduced worries about household finances. The Credit Union Consumer Sentiment index fell to 73.9 from November's 74.1, staying below the long-term average but higher than last year's rates.

In December, Irish consumer sentiment experienced a slight dip as economic concerns grew, although worries about household finances eased, a survey revealed on Monday.

The Credit Union Consumer Sentiment index dropped to 73.9 from November's 74.1, remaining significantly below its long-term average of 84.3. However, it stands above last year's level of 62.4 when high inflation was a major concern.

The report authors highlighted that the minimal decrease in sentiment from November to December indicates no significant change in the overall mood of Irish consumers over the past three months.

(With inputs from agencies.)