Irish Consumer Sentiment Index improves in December; Austin Hughes asks if average consumer is oblivious to gloomy media message on economy?
Jan 7th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The overall KBC Ireland/ESRI Consumer Sentiment Index improved in December. The Consumer Sentiment Index was 50.2 in December 2008, compared with 44.8 in November 2008. KBC economist Austin Hughes, a leading cheerleader of the property boom, asks if the slightly better tone to Irish consumer sentiment surveys of late imply that the average man or woman in the street is becoming oblivious to the increasingly gloomy media message on the economy?