The Credit Union Consumer Sentiment index rose to 55.6 in February from 55.2 in January. That was up from September's 14-year low of 42.1, but well below the 77.0 recorded in the February 2022 survey, taken before Russia's invasion of Ukraine. The reading indicates the Irish economy has again proven resilient and the worst fears that emerged a year ago have not been realised, the survey's authors said in a statement. While consumer spending plans remain weak, "we may be past 'peak fear'," the statement said. (Writing by Conor Humphries; Editing by Andrew Heavens)
DUBLIN, Feb 24 (Reuters) - Irish consumer sentiment
improved slightly to hit its strongest level in eight months in
February, a survey showed on Friday, as mild weather, lower
petrol prices and increased confidence about the jobs market
eased cost-of-living concerns.
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