Irish Consumer Sentiment Improves in October

DUBLIN (Reuters) – Irish consumer sentiment improved in October, rising to 74.1 from 71.9 the previous month. This change is attributed to a slight easing in cost-of-living pressures and a modest boost from the Oct. 1 giveaway budget, according to a survey released on Friday.

Despite this improvement, the latest reading remains well below the Credit Union Consumer Sentiment index's long-term average of 84.3. The survey's authors noted that consumers continue to be cautious in evaluating their own finances and the overall economic situation.