Rising prices and recession fears drive down consumer confidence @banda_ie

This wave of the B&A Consumer Confidence Barometer was conducted from the 10th-20th June 2022.

Following a slight increase in May, consumer confidence is down significantly from -57 in May to -72 for June, driven by high inflation and fears of an upcoming recession.

4 in 5 now believe the country will be worse off in the coming year, with less than 1 in 10 believing the country will be better off. This is the lowest level of consumer confidence since September 2020.

 

Source: Behaviour & Attitudes Acumen online barometer.

 

Survey results are based on a sample of 1,019 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.

 

 

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