Retail Ireland Monitor November 2022
The last month saw a modest rise in consumer sentiment, however the outlook remains cautious as we approach Christmas. This is reflected in weak retail sales figures, as detailed in this report. Measures to support household finances in the Budget have given some reprieve for consumers, but further interest rate hikes cloud the horizon. Years of Covid curtailed Christmas celebrations may see consumers determined to invest in their experience this year, but value and price considerations will be to the fore for many.
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