Holiday and housing costs weighing on Irish consumer sentiment, says Hughes

Economist Austin Hughes, author of the Credit Union Consumer Sentiment Survey for July, said that despite a calming of inflation, said that the cost of package holidays may be adversely affecting consumers' outlook at present.

Consumers cited energy prices, food costs, and mortgage and rental costs as the items they worried about the most. 

Cost-of-living fears plaguing Irish consumers are gradually easing, but any full recovery still has some way to run, with holiday costs currently worrying many households, the latest monthly reading of Irish consumers suggests. 

The Credit Union Consumer Sentiment Survey for July has mixed news for households, with the pressures facing Irish consumers fading but far from over.