Consumer sentiment steady amid US election and economic uncertainty

The adverse impact of an unstable geopolitical backdrop was offset by plans to increase seasonal spending ahead of the Christmas period
Consumer sentiment steady amid US election and economic uncertainty

While notably less anxious than a year ago, the November survey suggests that continuing risks and cost strains mean that Irish consumers remain in a "watch, wait and worry mode," said economist Austin Hughes. (AP Photo/Alex Brandon)

Consumer sentiment remained unchanged in November as worries about trade and tax revenues following the US election result failed to boost confidence in Ireland.

The Credit Union Consumer Sentiment Index recorded a reading of 74.1, identical to what was recorded in October, as conflicting forces weighed on the mood of Irish consumers. 

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