Consumer Confidence in Ireland increased to 52.30 points in May from 42.60 points in April of 2020.

Consumer Confidence in Ireland averaged 87.60 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 May of 2020. source: KBC Bank Ireland/ESRI

Consumer Confidence in Ireland is expected to be 51.00 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 62.00 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
52.30 42.60 130.90 39.60 1996 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-27 12:01 AM Feb 85.2 85.5 87
2020-03-20 12:01 AM Mar 77.3 85.2
2020-04-30 11:01 PM Apr 42.6 77.3 70
2020-05-19 11:01 PM May 52.3 42.6 45
2020-06-15 11:01 PM Jun 51
2020-07-15 11:01 PM Jul
2020-08-17 11:01 PM Aug
2020-09-15 11:01 PM Sep


News Stream
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
Irish Consumer Sentiment Strongest in 6 Months
The KBC Bank Ireland Consumer Sentiment Index rose to 85.5 in January 2020, the highest since last July, from 81.4 in the previous month due to the reduced risk of a hard Brexit. All five elements of the index improved, with the largest gain in relation to jobs. "While Brexit-related fears have eased somewhat in recent months, the January reading suggests that consumers remain nervous about the general economic outlook and their own financial prospects," said Austin Hughes, chief economist at KBC Ireland.
2020-02-05
Irish Consumer Sentiment Improves Further in December
The KBC Bank Irish Consumer Sentiment Index rose to 81.4 in December 2019 from 77.1 in the previous month, with the improvement in the sentiment index through November and December representing the largest two month gain in almost five years, which might suggest Irish consumers regard Brexit risks as diminished and somewhat delayed but far from disappeared. All five key elements of the Irish consumer sentiment index recorded stronger readings: general economic outlook (32.3 vs 29.3); outlook for unemployment (64.1 vs 56.4); personal financial situation 12 months ago (97.4 vs 96.3); personal financial situation 12 months ahead (96.4 vs 91.1); and major purchases climate (116.8 vs 112.2).
2020-01-10

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.