Consumers fear 'worst of cost-of-living crisis to come' 

Of those who intend to reduce their spending, a quarter said they will have to do so to make ends meet. Picture:Leon Farrell/Photocall Ireland

The majority of consumers fear the worst of the cost-of-living crisis is yet to come, putting the brakes on any future spending plans.

The Credit Union Consumer Sentiment Index for May found 60% of Irish consumers do not believe peak price pressures have passed, while 22% are confident the worst of price inflation is over.