Of course, consumers have also started spending on those things too. People are not seeing macro economic stories translating into their micro personal finances.”Consumer uneaseThat may explain consumer unease. doubts appear to be accumulating with respect to the general economyIn July, 52 per cent of consumers said they expected the economy to strengthen over the next year. Mr O’Neill said an increase in sales volumes ignore the fact that the “value of sales have not rebounded to the same extent”. “We will never go back to the boom in terms of spending,” he said.

Source: The Irish Times October 07, 2018 23:48 UTC