Ireland Consumer Confidence

Ireland’s Credit Union Consumer Sentiment Index increased to 61.0 in November 2025 from October’s three-month low of 59.9, amid a slight reduction in economic worries even as household finances remained under pressure. More than half of consumers reported having less money to spend this Christmas and are cutting back on entertainment and presents due to concerns that household financial pressures could increase further. The decline in consumption came in response to a continued rise in food and energy costs heading into the festive period. Economist Austin Hughes said sentiment improved as reduced nervousness about the economic outlook and a seasonal uptick in spending plans more than outweighed cost-of-living concerns. However, the latest reading is far from the 74.1 recorded in November 2024 and even further below the nearly 30-year survey average of 83.7. The figure has barely moved from April’s two-year low of 58.7, weighed down by concerns over US tariffs.