Consumer sentiment improved slightly to an 11-month high in February but the index remained far below its long-term average, a survey showed today.
The latest Credit Union Consumer Sentiment Survey rose to 65.2 in February from 64.7 in January.
That is well above April's two-year low of 58.7 at the height of US tariff concerns, but much lower than both the reading of 74.8 a year ago and the long-term survey average of 83.5.
Consumers' view of current economic conditions improved slightly as did their outlook on unemployment, but they were more negative about their household finances.
"While the mood of consumers is still cautious, it is less negative of late," David Malone, CEO of the Irish League of Credit Unions, said.
