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Sunday, October 17, 2021

Irish consumer sentiment stabilized near the epidemic in September

In Dublin, Ireland in 1021, 2021, after an extended lockdown due to an outbreak of coronavirus disease, people lined up at a social distance outside a Penny’s clothing store through periodic apprenticeship shopping following government instructions.

DUBLIN – Irish consumer sentiment was stable in September, at a two-year high recorded in June, according to a survey on Thursday.

The government has set October 22 as the target date for lifting most of the ban, with more than 90 percent of the adult population vaccinated, one of the highest in the world.

Consumer sentiment at KBC Bank Ireland fell to 86.4 in September from 4.5 in August. It began reopening restaurants and pubs after the country’s third and longest shutdown, reaching a coronavirus epidemic-high of 87.2 in June.

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Austin Hughes, chief economist at KBC Ireland, said the weakest elements of the survey were related to the recent economic environment because of concerns about an international plan to set a minimum corporate tax rate, which could threaten a pillar of the country’s economic policy. Said.

Hughes said “the sentiment of Irish consumers was largely stabilized in September to focus on the potential threat to the economic outlook, from global tax changes to higher public.”

Reuters

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This News Originally From – The Epoch Times

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