Consumers switch over to savings

ALMOST 80% of Irish consumers who switched a product or service provider in the past year have saved money, a study reveals.

The National Consumer Agency (NCA) survey of 1,000 people between the ages of 15 and 74 conducted by Amárach Research found the top three sectors for switching were car insurance, where 17% of consumers reported that they switched provider in the last 12 months, groceries (14%) and electricity supply (14%). More than 90% who switched said they found the process ‘somewhat’ or ‘very easy’.

Commenting on the results, director of research at the NCA, Maria Hurley, said the survey showed the value of shopping around.