Consumer sentiment up slightly but still below level before Iran war

The latest Credit Union Consumer Sentiment Survey has found improvements around economic outlook, financial conditions and expectations for the future

The survey showed a consumer sentiment index reading of 62.2 in June, an increase from the 59.4 in May. 

Irish consumer sentiment improved for the second month in a row but remains below levels seen prior to the war in Iran as there is still significant uncertainty over a lasting peace in the Middle East and the potential impact on energy prices, the latest Credit Union Consumer Sentiment Survey has found.

The survey showed a consumer sentiment index reading of 62.2 in June, an increase from the 59.4 in May. There has been a nine-point increase over the past two months but this is still below the 65.2 recorded in February.