'Squeezed' consumers slightly more upbeat as budget looms

Households were more optimistic about the current state of the economy and their own finances in August, but Bank of Ireland's Economic Pulse remains subdued at just under its Covid-19 low point.

Consumer sentiment was slightly more upbeat in August as the country awaits supports aimed at tackling the cost-of-living crisis to be unveiled in next month's budget.

Bank of Ireland’s latest Economic Pulse showed households were more optimistic about the current state of the economy and their own finances, but overall the Pulse remains subdued at just under its Covid-19 low point.