Irish consumers less confident as Covid-19 cases rose in August

Cork, Ireland, 17th 2020. Heavy Showers in Cork City. Heavy rain fell through the day today but many shoppers still braved to weather to get their daily business done.Credit: Damian Coleman Cork, Ireland, 17th 2020. Heavy Showers in Cork City. Heavy rain fell through the day today but many shoppers still braved to weather to get their daily business done.Credit: Damian Coleman

Consumer confidence took a knock in August as households worried about the prolonged effects on the economy as the number of Covid-19 cases increased again, a major survey has shown. 

The monthly KBC Bank Ireland survey showed that although sentiment had recovered from a low point in April amid the national lockdown that consumers were less confident in August than in July.