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Irish consumer sentiment hovers at 22-month low in August

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Reuters UK

DUBLIN (Reuters) – Irish consumer sentiment slipped marginally to hover at a 22-month low in August as respondents said they expected to further cut back on major purchases in the coming months, a survey showed on Thursday. The KBC Bank Ireland consumer sentiment index fell a touch to 53.4 from 53.7 in July, its sixth decline in seven months, having stood at 81.9 in January. The slight weakening was driven by a softer outlook for the jobs market, for household finances over the next 12 months and a larger pullback in spending plans. While confidence is at its lowest point since the onset of th…

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