Bank of Ireland monitor sees consumer sentiment rise

Bank of Ireland monitor sees consumer sentiment rise

New figures show a rebound in consumer sentiment following the Brexit vote, accoring to new figures from the Bank of Ireland.

Its Economic Pulse monitor rose by 2.5 points to 93.7 in August - clawing back a quarter of the dip in the previous month.

Loretta O’Sullivan, chief economist at the bank said: "Although there has been a rise in sentiment, many consumers and businesses are still assessing the potential impact of Brexit.

"We will be closely monitoring the situation over the coming months."

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