Further drop in consumer confidence, fueled by inflation and concerns about the economy
Rising costs of living combined with continued concerns about the impact of the war in Ukraine has led to a further drop in consumer confidence.
Consumer confidence is now -62, down from -52 in March and dramatically lower than the pre-war
-3 recorded in the beginning of 2022.
Almost half of the population expect their disposable income to be lower next year – this is especially the case outside Dublin. Just 1 in 5 expect their disposable income to be higher in the coming year.
Survey results are based on a sample of 1,003 adults aged 16+, quota controlled in terms of age, gender, socio-economic class and region to reflect the profile of the adult population of the Republic of Ireland. All interviewing on this wave was conducted via B&A’s Acumen online barometer.
For more details and the full report or more information, please contact Jimmy Larsen and Pooja Sankhe: jimmy@banda.ie and pooja@banda.ie
