Other: Irish consumer mood improved sharply in January |
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Ireland doesn’t get much attention, being at the fringe of EMU, but as Greece has currently a number of problems that it shares with other EMU countries, it is warranted to give it a closer look. The KBC Bank/ESRI Consumer Sentiment Index showed a surprisingly strong improvement in January. Consumer sentiment in Ireland rose from 53.3 to 64.6 in January, its highest level in two years and the strongest monthly increase since a similar rise in December 2004. All five components rose, which has
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