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#Consumer Confidence

# consumer-confidence - Sunday 24 March, 2019

Opinion: How you see the Irish economy depends on if you're a glass half-full or half-empty kind of person

In many ways, the Irish economy looks to be in ‘Goldilocks’ territory: not too cold, but still not too hot, writes Victor Duggan.

# consumer-confidence - Thursday 6 December, 2018

Christmas spending: We're not in 'panic mode' but Brexit is putting the brakes on plans to splash the cash

In the UK, consumer confidence registered the largest monthly decline in seventeen months in November.

# consumer-confidence - Thursday 17 August, 2017

Irish consumer confidence hits highest level since recession

Ireland is now the fourth most confident country in Europe, overtaking the UK for the first time in almost nine years.

# consumer-confidence - Monday 21 September, 2015

Here is the brand that Irish customers have the best experience with Guess Who This post contains a poll

Here is the brand that Irish customers have the best experience with

Is customer service a big deal for you?

# consumer-confidence - Thursday 30 July, 2015

The crisis in Greece has the people of Ireland shaking a bit

A new report on consumer confidence has also identified the closure of Clerys as having a negative impact.

# consumer-confidence - Friday 12 December, 2014

'Things are more likely to be getting worse than better for consumers'

Most people also expect to pay more on essential items over the next six months.

Poll: How will your Christmas spend compare to last year? Your Say This post contains a poll

Poll: How will your Christmas spend compare to last year?

Shoppers are predicted to spend a little bit more this Christmas.

# consumer-confidence - Tuesday 23 September, 2014

'Rising consumer confidence' prompts CPM to recruit for 300 new jobs

The company is looking for 150 full-time and 150 temporary staff.

# consumer-confidence - Tuesday 22 July, 2014

Do strong coffee sales mean the economy is getting better?

Retail Excellence Ireland says that hot beverage sales are an indicator of a stronger employment market.

# consumer-confidence - Monday 9 June, 2014

Did the elections cause a nosedive in how good we're feeling about the economy?

KBC Bank’s consumer sentiment survey tumbled last month, with the election blamed for widespread bad humour.

# consumer-confidence - Tuesday 13 May, 2014

Irish consumer confidence hits seven year high*

*But we’re coming from a low base, so don’t get carried away.

# consumer-confidence - Monday 30 September, 2013

Irish consumer confidence at a six year high, says survey

The latest KBC Bank/ESRI survey states Ireland’s consumer confidence index increased to 73.1 in September from 66.8 in August.

# consumer-confidence - Monday 29 July, 2013

People buying fewer frozen burgers after horse meat scandal

The Food Safety Authority said that people are spending more time reading labels after the scandal.

# consumer-confidence - Wednesday 5 June, 2013

Tesco blames property tax for fall in Irish sales

The supermarket giant has said that like-for-like sales have fallen by three per cent in the first 13 weeks of this year.

# consumer-confidence - Friday 10 May, 2013

Consumers 'weathering the storm' as experts predict recession is bottoming out

However a report shows 60 per cent of adults still believe their income will be lower this time next year.

# consumer-confidence - Monday 8 April, 2013

Consumer confidence rises slightly in March

The marginal increase comes amid concerns about the looming property tax and cuts to pay outlined in the Croke Park II deal.

# consumer-confidence - Monday 11 February, 2013

Consumer spending power to stabilise this year, improve in 2014

Working households with mortgages will see the greatest growth in spending power while unemployed households will fare worst.

# consumer-confidence - Friday 25 January, 2013

Retail sales up in last three months of 2012

Hot beverages and home and giftware sectors saw noticeable increases while furniture and flooring suffered losses.

# consumer-confidence - Monday 3 December, 2012

Irish consumer confidence rose in November

The KBC Bank Ireland/ESRI index shows a small amount of growth with sentiment at 63.8 in November compared to 60.9 in October.

# consumer-confidence - Saturday 10 November, 2012

Budget 2013: As speculation mounts, retailers say their business is suffering

Consumer confidence has plummeted as we worry about the forthcoming budget and retailers say they’re feeling the pinch but will the government do anything to stop the leaks and speculation?

# consumer-confidence - Friday 26 October, 2012

Retail sales up for the third month in a row Shopping This post contains a poll

Retail sales up for the third month in a row

The amount and value of Irish retail sales have risen by 0.9 per cent in September compared with August 2012.

# consumer-confidence - Wednesday 4 July, 2012

Consumer confidence up in June

However consumers unlikely to step up their spending, as just 12 per cent believe their financial situation will improve in the coming year.

# consumer-confidence - Saturday 23 June, 2012

6 incredibly fiendish tricks to make you buy stuff

It turns out that Apple deliberately angle their laptops at the precise angle of 70 degrees to get you to touch their product. What else are companies doing to get us to spend money?

# consumer-confidence - Monday 30 April, 2012

Central Bank paper suggests house prices have 'over-corrected'

A research paper tries to examine why Irish house prices keep falling – and suggests the drop has gone too far.

# consumer-confidence - Saturday 17 December, 2011

Sales might start next week... BEFORE Christmas Shopping This post contains images

Sales might start next week... BEFORE Christmas

Christmas shopping predictions… and 11 shopping habits we’ve picked up this year.

# consumer-confidence - Tuesday 8 November, 2011

Poll: Will you spend as much on Christmas this year as in 2010? Your Say This post contains a poll

Poll: Will you spend as much on Christmas this year as in 2010?

A survey has predicted that the Irish will shop less this festive season – but they are still the biggest spenders in Europe. Does this apply to you?

# consumer-confidence - Wednesday 19 October, 2011

Footfall increases slightly, but shoppers not spending more

Latest footfall figures show a marginal increase in visits to Irish businesses as people sought shelter from bad August weather in shopping centres.

# consumer-confidence - Wednesday 29 June, 2011

Public not going out to spend as retail sales drop 2.1 per cent

The volume of retail sales fell by over 5 per cent in May 2011 once you exclude figures for the motor trade.

# consumer-confidence - Tuesday 28 June, 2011

Consumer sentiment slips back to February levels

Latest consumer sentiment data shows a drop in June as people continue to worry about the economic outlook, retaining their jobs and a likely ECB interest rate hike in July.

# consumer-confidence - Monday 16 May, 2011

Japanese consumer confidence dives to record low, Nikkei falls

Both Japanese consumer sentiment and the country’s stock average have fallen in response to the disastrous events of last month.

# consumer-confidence - Friday 8 April, 2011

Take 5: Friday

5 stories, 5 minutes, 5 o’clock.

# consumer-confidence - Thursday 3 March, 2011

ECB leaves interest rates unchanged at 1 per cent - for now

Eurozone banking head Trichet hints that while consumer confidence is growing, he may yet consider an interest rate hike to prevent risk of high inflation.

# consumer-confidence - Tuesday 30 November, 2010

Take 5: Tuesday

5 minutes, 5 stories, 5 o’clock: Little change in latest consumer confidence data; Minister Ahern will not stand in the next general election; and Taiwan’s take on Ireland’s economy.

Consumer confidence stays near 17-month low

Consumers are slightly more confident this month than last, but still worryingly low ahead of an austere budget.

# consumer-confidence - Wednesday 20 October, 2010

Business expects modest growth, while confidence remains lower

KBC Bank Business Sentiment Survey reveals “two economies” with businesses expecting modest growth but confidence in economy remaining low.

# consumer-confidence - Friday 30 July, 2010

THE RESULTS of the latest Consumer Confidence Monitor show that 22% of people surveyed this month believe the country will be better off.

The figure compares favourably to March when only 9% of people felt positive and November when the figure was just 8%.

Positivity has also reached people’s personal finances with over half of people saying they expected their income this year to be higher or the same as last years income. The survey also highlighted

11% of people expected their income to be higher in the coming year.

46% expected their pay to remain the same.

A small increase in the numbers who expected to buy more goods and services

58% of people feel the economy will be better off in the year ahead.

The survey of over 1,000 people by Behaviour and Attitudes shows that people in Dublin remain the most optimistic.

However the latest review from Retail Excellence Ireland says sales have declined by over 5% in June, up from 4.94 in May and 2.02 in April.

# consumer-confidence - Thursday 22 July, 2010

AFTER A DECADE of inflation and high costs, prices in Ireland are moderating, that’s the good news from a new report by the National Competitiveness Council. The report says “since January2008, Ireland has regained some of its lost cost competitiveness as domestic inflation remains below
that of our main trading partners and as the euro has weakened.”

This report highlights tangible improvements in the cost of doing business in Ireland and outlines significant falls in property and energy costs. However, the report does say some costs continue to increase or remain relatively high. Property, broadband and legal fees are cited as being costly by the (NCC).

Although energy costs for business decreased by 24% in 2009, Ireland is still the sixth most expensive country of 14 the report benchmarked.

The report also said that mobile phone costs for business were down significantly and that Dublin has become more competitive.

For consumers the report found that Ireland is still expensive when it comes to buy groceries it is the second most expensive in the EU.

However, the average Irish employee must work a shorter amount of time than those in most other benchmarked locations to earn enough to buy branded consumer goods such as an iPod Nano or a Big Mac.

# consumer-confidence - Wednesday 21 July, 2010

FOOTFALL fell by 1.7% for 2010, compared to figures from 2009. Consumer visits to high streets and shopping centres in Ireland appeared to level off in June, with a decrease of only 0.04% recorded compared to 2009. From February to June there have been positive footfall increases compared to 2009.

# consumer-confidence - Wednesday 14 July, 2010

IRISH INSURERS believe the recession is over but there’s no willingness to spend. New research from Friends First and Millward Brown shows that insurers are finding it difficult to secure new business.

The survey finds that half of insurance businesses in the state believe the recession is over, while 94% say its difficult for businesses to get finance from the banks. 87% also said the public did not have confidence to spend in the current climate.

The survey sampled 100 insurance brokers on their attitude to the sector and the economy as a whole.

Brokers said that over half of their clients were reducing their contributions to investments and pensions.

Eamonn Twomey of Friends First said: “While there are some signs that a recovery is underway, it is clear that consumers are finding it very difficult to save for their futures.

Meanwhile there has been more bad news on the economic front from the ESRI.