Increase in Consumer Outlook & Spend Intention
Published by: Jimmy Larsen2017.10.10
The latest RED C Consumer Mood Monitor from October 2017 shows a further increase in consumer outlook for the Irish Economy. Half now believe that the economy will fare better in the next 6 months while less than 1 in 6 believe the economy will fare worse.
More than 1 in 4 consumers expect an increase in their income over the next 6 months. This has a positive impact on spend intention which increases across all categories but especially for consumer goods and services.
Brexit continues to be a significant concern with 4 in 5 being worried about the impact of Brexit on the Irish economy. But at the moment, this is offset by a favourable economic climate in Ireland.
Download the full report on the lastest RED C Consumer Mood Monitor here: