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Economic Pulse rises in February on optimistic outlook


Economic Pulse rises in February on optimistic outlook
Updated / Monday, 22 Feb 2021
09:00
Bank of Ireland s Economic Pulse showed a reading of 68.6 in February, up seven points on last month but 17.8 lower than a year ago
Bank of Ireland s Economic Pulse rose in February from the previous month as vaccine-related optimism offset lockdown fatigue and post-Brexit headaches. 
The Economic Pulse showed a reading of 68.6 in February. The index, which combines the results of the Consumer and Business Pulses, was up seven points on last month but 17.8 lower than a year ago.
Bank of Ireland said that with the Government announcing that Level 5 restrictions would remain in place until at least March and implementation difficulties in respect of the new trading arrangements with the UK, households and firms were downbeat about their current situation. ....

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Irish consumer and business sentiment improves Financial,Ireland, news for Ireland, Financial,Ireland,


Irish consumer and business sentiment improves
Written by Robert McHugh, on 29th Dec 2020. Posted in Financial
Bank of Ireland has released its latest Economic Pulse survey which is conducted by Ipsos MRBI on behalf of Bank of Ireland with 1,000 households and approximately 2,000 businesses on a range of topics including the economy, their financial situation, spending plans, house price expectations and business activity. 
The 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 backdrop to this month’s survey was mixed – the fieldwork was being out carried out as the country exited a six week period of Level 5 restrictions and as plans for the rollout of a COVID-19 vaccine were being drawn up; but also as the Brexit transition period neared its end date with no clarity on the nature of the future EU-UK trading relationship. So whil ....

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