The KBC Bank Irish consumer sentiment index fell to 77.2 in August 2019 from 85.5 in the previous month. That was the weakest reading since November 2013, largely due to Brexit-related risks, as the outlook for the Irish economy deteriorated materially on a clearly increased threat that the UK could crash out of the EU without a deal. The fall was broadly based with all of the five main elements of the sentiment index recording weaker readings: general economic outlook (25.7 from 33.2); outlook for unemployment (54.0 from 70.9); household finances in the past 12 months (99.7 from 105.8); expectations for household finances over the next 12 months (91.7 from 99.0); and major purchases (115.1 from 118.9). Consumer Confidence in Ireland averaged 88.10 Index Points from 1996 until 2019, reaching an all time high of 130.90 Index Points in January of 2000 and a record low of 39.60 Index Points in July of 2008.

Consumer Confidence in Ireland is expected to be 84.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Ireland to stand at 89.00 in 12 months time. In the long-term, the Ireland Consumer Confidence is projected to trend around 105.00 Index Points in 2020, according to our econometric models.

Ireland Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-04 12:01 AM Consumer Confidence May 89.9 87.7 89
2019-07-07 11:01 PM Consumer Confidence Jun 90.7 89.9 91
2019-08-12 11:01 PM Consumer Confidence Jul 85.5 90.7 91.5
2019-09-09 11:00 PM Consumer Confidence Aug 77.2 85.5 86
2019-10-08 11:01 PM Consumer Confidence Sep 77.2 78
2019-11-01 12:01 AM Consumer Confidence Oct
2019-12-06 12:01 AM Consumer Confidence Nov


Ireland Consumer Last Previous Highest Lowest Unit
Consumer Confidence 77.20 85.50 130.90 39.60 Index Points [+]
Retail Sales MoM -4.30 0.70 8.70 -14.40 percent [+]
Retail Sales YoY -4.40 -0.40 14.40 -24.50 percent [+]
Consumer Spending 26919.00 26716.00 26919.00 10805.00 EUR Million [+]
Disposable Personal Income 251186.00 233013.00 251186.00 84209.00 EUR Million [+]
Personal Savings 11.40 10.70 15.40 -1.30 percent [+]
Private Sector Credit 165965.00 166133.00 375927.00 4386.00 EUR Million [+]
Bank Lending Rate 0.90 0.90 25.00 0.90 percent [+]
Consumer Credit 13705.00 13514.00 28989.00 10011.00 EUR Million [+]
Gasoline Prices 1.57 1.55 2.24 0.70 USD/Liter [+]
Households Debt To GDP 43.20 43.70 117.20 43.20 percent of GDP [+]
Households Debt To Income 133.22 147.13 212.22 110.79 percent [+]
Consumer Confidence Current Conditions 123.40 118.00 126.80 63.80 [+]
Consumer Confidence Economic Expectations 92.70 88.80 136.40 22.50 [+]


Ireland Consumer Confidence

In Ireland, the Consumer Sentiment Index survey covers a minimum of 1,100 households across all regions of the country. The questionnaire assesses respondents’ perceptions on the general economy in the previous 12 months as well as expectations for next 12 months; perceptions of recent trends in unemployment and inflation; recent trends and likely future evolution in the household’s financial situation as well as savings and major purchases intentions. The Consumer Sentiment Index is calculated as the percentage of favourable replies minus the percentage of unfavourable replies, plus 100. The indicator varies on a scale of 0 to 200; a value of 0 indicates extreme lack of confidence, 100 neutrality and 200 extreme confidence. This page provides the latest reported value for - Ireland Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Ireland Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
77.20 85.50 130.90 39.60 1996 - 2019 Index Points Monthly




Country Last Previous
Argentina 41.90 Aug/19
Australia 98.20 Sep/19
Brazil 47.00 Jun/19
Canada 53.00 Sep/19
China 124.40 Jul/19
Euro Area -6.50 Sep/19
France 102.00 Aug/19
Germany 9.70 Sep/19
India 95.70 Sep/19
Indonesia 123.10 Aug/19
Italy 111.90 Aug/19
Japan 37.10 Aug/19
Mexico 43.40 Aug/19
Netherlands -2.00 Sep/19
Russia -15.00 Jun/19
Saudi Arabia 114.00 Jun/19
South Africa 5.00 Jun/19
South Korea 92.50 Aug/19
Spain 86.00 Aug/19
Switzerland -8.00 Sep/19
Turkey 55.80 Sep/19
United Kingdom -14.00 Aug/19
United States 92.00 Sep/19


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