Rising costs see consumer confidence amongst Irish households fall

Households expect consumer prices to increase over the next year

Twenty-seven per cent of households considered it a good time to buy big-ticket items versus almost a third during the summer.

Concerns over the rising cost of living have led to a drop in consumer confidence with Irish households more downbeat about their own financial situation.

The Bank of Ireland economic pulse survey index fell slightly in October but remains significantly above the level recorded in October 2020.