Irish Consumer Sentiment Steady Amid Economic Concerns
A recent report indicates that Irish consumer sentiment remained stable in December, with consumers less negative about their household finances despite worries over the economic outlook and cost-of-living pressures. This contrasts with positive trends in US and UK consumer confidence. Economist Austin Hughes highlighted mixed indicators impacting the Irish economy, revealing cautious optimism about increased spending as household incomes grow faster than inflation. The report draws comparisons to the past, suggesting the current economic health of Ireland is significantly improved compared to previous decades.