Consumer optimism stalls in Ireland amid global uncertainty

Even high-income earners in richer countries are feeling the squeeze as everyday essentials are being cut back, the latest Future Consumer Index by financial services firm EY has found. Photo: Niall Carson/PA Wire

Optimism has stalled for consumers, with geopolitical instability and soaring costs leading to a fresh wave of belt-tightening in Ireland.

Even high-income earners in richer countries are feeling the squeeze as everyday essentials are being cut back, the latest Future Consumer Index by financial services firm EY has found.