Irish consumer and business sentiment picks up in December Bank of Ireland Economic Pulse was up 3.2 on last month but down 12.8 on a year ago Tue, Dec 29, 2020, 05:56
Irish consumer and business sentiment improved in December as the State exited Level 5 Covid-19 restrictions and positive vaccine news lifted the spirts of households and firms, according to Bank of Ireland. The Bank of Ireland Economic Pulse came in at 70.2 in December 2020. The index, which combines the results of the consumer and business pulses, was up 3.2 on last month but down 12.8 on a year ago. “The December Economic Pulse benefitted from the reopening of the economy at the start of the month. Consumer and business sentiment both tracked higher as households and firms geared up for the festive season and took comfort from developments on the Covid vaccine front,” said Loretta O’Sullivan, Bank of Ireland’s chief economist.