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Irish consumer sentiment falls for third month in a row

Published 26/04/2024, 00:10
© Reuters. People walk along a street in the city centre of Dublin, Ireland, February 11, 2022. REUTERS/Clodagh Kilcoyne/File Photo

DUBLIN (Reuters) - Irish consumer sentiment eased in April for the third consecutive month as job worries and a spate of high-profile price increases weighed on the mood of consumers, a survey showed on Friday.

The Credit Union Consumer Sentiment index fell to 67.8 in April, down from 69.5 in March and 70.2 in February.

The fall in recent months dulls a year-end surge in Irish consumer confidence that culminated with a 12 point gain in January.

The survey's authors said the latest data suggested that things were not getting better as fast or as forcefully as many consumers expected.

The reading mirrored a modest but larger than expected fall in US consumer sentiment for April that has been attributed to slightly higher than expected inflation.

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