Irish consumer sentiment improved slightly to 62.6 in July 2020 from 61.6 in the previous month. Consumers were less concerned about their current situation (82.6 from 77.5 in June), but remained worried about the economic situation in the next 12 months.

Consumer Confidence in Ireland averaged 87.42 points from 1996 until 2020, reaching an all time high of 130.90 points in January of 2000 and a record low of 39.60 points in July of 2008. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: KBC Bank Ireland/ESRI

Consumer Confidence in Ireland is expected to be 55.00 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 65.00 in 12 months time. In the long-term, the Ireland Consumer Confidence is projected to trend around 67.00 points in 2021 and 76.00 points in 2022, according to our econometric models.

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Ireland Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
62.60 61.60 130.90 39.60 1996 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-30 11:01 PM Apr 42.6 77.3 70
2020-05-19 11:01 PM May 52.3 42.6 45
2020-06-23 11:01 PM Jun 61.6 52.3 57
2020-07-19 11:01 PM Jul 62.6 61.6 65
2020-08-17 11:01 PM Aug 62.6
2020-09-15 11:01 PM Sep
2020-10-15 12:01 AM Oct
2020-11-16 12:01 AM Nov


News Stream
Irish Consumer Sentiment Improves in July
Irish consumer sentiment improved slightly to 62.6 in July from 61.6 in the previous month. Consumers were less concerned about their current situation (82.6 from 77.5 in June), but remained worried about the economic situation in the next 12 months.
2020-07-19
Irish Consumer Sentiment Improves in June
The KBC Bank Irish consumer sentiment index climbed to 61.6 in June 2020 from 52.3 in the previous month, still remaining well below February’s pre-pandemic reading of 85.2. The easing in health restrictions in Ireland and elsewhere has lessened fears about the economic outlook and job prospects but consumers remain very concerned about their current personal financial circumstances.
2020-06-25
Irish Consumer Confidence Falls Most on Record
The KBC Bank Consumer Sentiment Index fell to 42.6 in April 2020 from 77.3 in March, the sharpest monthly decline in the twenty four year history of the survey. The index of current conditions tumbled 38.7 points to 66.1, while the index of consumer expectations plunged 32.1 points to 26.9. In addition, the gauge measuring major purchases climate plummeted 48 points to 63.7.
2020-05-01
Irish Consumer Morale Weakens in February
The KBC Bank Ireland Consumer Sentiment Index fell to 85.2 in February 2020 from a six-month high of 85.5 in the previous month, as households were concerned about their own finances despite rising optimism around the economy in general. "Brexit concerns likely explained a significant element of the subdued tone of Irish consumer sentiment readings in recent years," said Austin Hughes, chief economist at KBC Ireland. "However, those worries don't fully explain the pronounced lack of any 'feelgood factor' among Irish consumers, an absence that might appear at odds with the sustained strength seen in key Irish economic indicators such as last week's buoyant jobs data for the final quarter of 2019."
2020-02-27

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.