FOREX TradingCharts.com

Financial News: Ireland Consumer Confidence Improves In May

Ireland Consumer Confidence Improves In May

05/20/2020 - 03:12:00 (RTTNews)

(RTTNews) - Ireland's consumer confidence improved in May driven by planned easing in 'lockdown' and improving trend in health outcomes, survey data from the KBC Bank Ireland showed on Wednesday.

The consumer confidence index rose to 52.3 in May from 42.6 in April. In March, the reading was 77.3. This was the strongest improvement since January 2015.

Nonetheless, the current level of sentiment index signaled that consumers are still worried about their current circumstances and prospects.

The sense that a phased easing of the lockdown is planned together with progressive signs that health outcomes were moving in a less negative direction may have encouraged a little more optimism in forward-looking elements, the survey showed.

The level of the sentiment survey remains comparable with responses seen through the more difficult moments of the financial crisis and is within the lowest 5 percent of readings in the survey's twenty four year history, KBC Bank Ireland Chief Economist Austin Hughes said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Ireland Service Sector Continues To Contract In May (36 min(s), 51 sec(s) ago)
(RTTNews) - Ireland's service sector continued to contract in May due to the ongoing lockdown ...Full Story»

Malaysia Exports Decline At Fastest Pace Since 2009 (46 min(s), 51 sec(s) ago)
(RTTNews) - Malaysia's exports logged its biggest decline since the global financial crisis in ...Full Story»

New Zealand Commodity Prices Fall Marginally (57 min(s), 51 sec(s) ago)
(RTTNews) - New Zealand commodity prices continued to fall in May but the pace of decline slowed n ...Full Story»

Australia Unveils A$680 Mln Package For Housing Market (01 hr(s), 09 min(s), 51 sec(s) ago)
(RTTNews) - Australia's government unveiled a stimulus package to support housing market activ ...Full Story»

European Economics Preview: Eurozone Interest Rate Announcement Due (01 hr(s), 53 min(s), 51 sec(s) ago)
(RTTNews) - The interest rate announcement from the European Central Bank is due on Thursday, head ...Full Story»

Australia April Trade Surplus A$8.800 Billion (20 min(s), 09 sec(s) ago)
(RTTNews) - Australia posted a seasonally adjusted merchandise trade surplus of A$8.800 billion in ...Full Story»

Australia Posts A$8.800 Billion Trade Surplus (55 min(s), 09 sec(s) ago)
(RTTNews) - Australia had a seasonally adjusted merchandise trade surplus of A$8.800 billion in Ap ...Full Story»

Australia Retail Sales Plummet 17.7% In April (50 min(s), 09 sec(s) ago)
(RTTNews) - The total value of retail sales in Australia tumbled by a seasonally adjusted 17.7 per ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Ireland Service Sector Continues To Contract In May

06/04/2020 - 02:18 AM (RTTNews)
(RTTNews) - Ireland's service sector continued to contract in May due to the ongoing lockdown ...Full Story>>

Malaysia Exports Decline At Fastest Pace Since 2009

06/04/2020 - 02:08 AM (RTTNews)
(RTTNews) - Malaysia's exports logged its biggest decline since the global financial crisis in ...Full Story>>

New Zealand Commodity Prices Fall Marginally

06/04/2020 - 01:57 AM (RTTNews)
(RTTNews) - New Zealand commodity prices continued to fall in May but the pace of decline slowed n ...Full Story>>

Australia Unveils A$680 Mln Package For Housing Market

06/04/2020 - 01:45 AM (RTTNews)
(RTTNews) - Australia's government unveiled a stimulus package to support housing market activ ...Full Story>>

European Economics Preview: Eurozone Interest Rate Announcement Due

06/04/2020 - 01:01 AM (RTTNews)
(RTTNews) - The interest rate announcement from the European Central Bank is due on Thursday, head ...Full Story>>
Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.