Consumer confidence returns to boom levels last seen in 2006

Consumer confidence has returned to boom levels, according to the Consumer Market Monitor which found that consumer confidence has returned to levels last seen in 2006.

The results of the third quarter monitor from UCD Michael Smurfit Graduate Business School and the Marketing Institute of Ireland shows consumer confidence at a six-year high in Sep 2013, despite concerns about the impact of new household taxes.

Professor of Marketing UCD Smurfit School Mary Lambkin said that sales of big ticket items like houses and cars were a sign that the economy was turning.