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KBC: Consumers Are Feeling More Cautious About Their Spending.

Stock image: Pixabay

It's being put down to an uncertain outlook for the economy

Consumers in Ireland are feeling a little more cautious about their spending power.

The KBC Bank consumer sentiment index shows their confidence slipped slightly in July from the two year high in June.

It's being put down to an uncertain outlook for the economy and practical issues about 'opening up' society, with concerns over the Delta variant.

KBC Bank Ireland Chief Economist Austin Hughes says their household finances are also a worry:

Austin Hughes describes what's making consumers anxious:

 

 

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