BoI: Consumer confidence shines somewhat, but business dented as costs rise

Confidence among Irish consumers has been damaged but not destroyed, despite consumer prices having climbed at their highest pace for two decades, according to a major survey.

The Bank of Ireland economic pulse survey also found that its measure of confidence across business in May was above the level posted before the Covid-19 crisis, with retail and services gaining, while the confidence of industry and construction took a dip.