Irish consumer sentiment hits 7-month high – survey

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The Credit Union Consumer Sentiment index rose to 55.2 in January from 48.7 in December. That was up from a 14-year low of 42.1 recorded in September, but well below the 85.6 average registered by the survey over the past 27 years.

The strongest month-on-month changes were in those elements of the survey focussed on household finances, with consumers indicating more appetite for spending, the survey’s authors said in a statement.

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