Irish consumer sentiment remains subdued in February [Reuters (UK)]
KBC GROUP SA UNSP/ADR (KBCSY)
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Source: Reuters
Irish consumer sentiment remains subdued in February - Reuters 2 Min Read DUBLIN (Reuters) - Irish consumer sentiment remained subdued in February as concerns over household finances largely canceled out optimism around the economy in general, a survey showed on Thursday. Ireland has remained the European Union’s fastest growing economy during three years of Brexit talks, but according to the survey’s authors, many consumers are not seeing an improvement to their financial circumstances from the buoyant economy. The KBC Bank consumer sentiment index was 85.2 in February, little changed from January’s 85.5. In October, when it seemed that the European Union and Britain could fail to reach agreement on the terms of Britain’s withdrawal from the trading bloc, the index fell to a seven-year low of 69.5 with neighbouring Ireland particularly exposed. The index hit a 17-year high of 110.4 in January 2018 before consumers really began to be spooked by the possibility of a disruptive Brexit -
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