Consumer Confidence in Ireland decreased to 64.90 points in January from 74.60 points in December of 2020. source: KBC Bank Ireland/ESRI

Consumer Confidence in Ireland averaged 86.93 points from 1996 until 2021, 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 January of 2021.

Consumer Confidence in Ireland is expected to be 62.00 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 67.00 in 12 months time. In the long-term, the Ireland Consumer Confidence is projected to trend around 76.00 points in 2022, according to our econometric models.

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Ireland Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
64.90 74.60 130.90 39.60 1996 - 2021 points Monthly

Calendar GMT Actual Previous Consensus TEForecast
2020-10-23 06:20 AM Oct 52.6 60.7 56.2
2020-11-24 03:00 AM Nov 65.5 52.6 49.9
2020-12-16 12:01 AM Dec 74.6 65.5 64.8
2021-01-27 12:01 AM Jan 64.9 74.6 70
2021-02-22 12:01 AM Feb
2021-03-22 12:01 AM Mar
2021-04-26 11:01 PM Apr
2021-05-24 11:01 PM May

News Stream
Irish Consumer Sentiment Hits 9-Month High
Consumer confidence in Ireland rose to 74.6 in December of 2020 from 65.5 in November. It was the highest reading since March in a sign of confidence in the country's success in containing the coronavirus outbreak. "Our sense is that these numbers will translate to a solid if unspectacular Christmas period in terms of consumer spending," said KBC Ireland chief economist Austin Hughes.
Irish Consumer Sentiment Rises to 8-Month High
Consumer confidence in Ireland rose to 65.5 in November 2020 from 52.6 in October. This was the highest reading since March, amid encouraging job news, positive assessment of Budget 2021, and a declining trend in reported COVID-19 cases through the survey period. "The improvement in Irish consumer sentiment contrasted with falls in comparable indicators for the US and UK and Euro area," KBC Ireland chief economist Austin Hughes said. "The bounce may owe something to a spate of strong economic releases and a large and diverse range of new job announcements. It could be the case that consumers focused ahead on the prospect of some Christmas light at the end of a pandemic-related tunnel."
Ireland Consumer Confidence at 5-Month Low
Consumer confidence in Ireland fell to 52.6 in October of 2020 from 60.7 in September, reaching the lowest since September, amid growing concerns about the impact of COVID-19 restrictions on household finances and jobs. "The largest weakening was seen in consumers' expectations for their financial circumstances over the next 12 months and likely reflects increased nervousness about the lasting impact of the coronavirus and related restrictions", KBC Ireland chief economist Austin Hughes said.
Irish Consumer Morale Weakens in August
The KBC Bank Ireland Consumer Sentiment Index fell to 58.9 in August of 2020 from a four-month high of 62.6 in the previous month on persistent concerns over the long-term economic impact of the coronavirus pandemic.

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.