Nearly 40% of people expect economy to be weaker by 2030 

Consumers concerned about tariffs, infrastructure shortfalls and cost-of-living pressures, according to new research

Just over one-third of households, 34% in the Republic, expect their incomes to be higher in 2030, with 29% of households anticipating a drop.

A significant proportion of Irish consumers, both north and south of the border, are pessimistic about the longer-term economic outlook, with nearly 40% expecting the economy to be in a weaker position by 2030, a new research shows.

According to new consumer sentiment research, undertaken by Core Research on behalf of credit unions north and south of the border, 38% of consumers in the Republic of Ireland, up from 33% last year, expect the economy to be weaker in 2030, while just 29% expect it to be stronger, and 28% expect it to be similar.