Global recession the top concern for households in Ireland

Cost of housing and rent still a major issue too, with over a quarter of 16 to 29-year-olds citing it as their biggest worry, according to a new Bank of Ireland survey

The risks of a global recession was the number one concern for 21% of people surveyed. 

The risk of a global recession has risen to be the biggest concern for Irish households, overtaking the cost of housing and rent, amid international trade tensions and various geopolitical events, a survey by Bank of Ireland has found.

According to the bank’s latest Savings and Investment Index, the risks of a global recession was the number one concern for 21% of those people, up 8% compared to the same survey during the first three months of this year.