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IRISH CONSUMER SENTIMENT rose for the third month in a row in February, bringing consumer sentiment to its highest point in seven years.
The ESRI/KBC report tracks consumer confidence in the Irish economy. In January, it stood at 84.6, rising to 85.5 last month.
The report comments on the increase in spending, though the report says this is not a dramatic increase just yet.
“We don’t think a dramatic pick-up in spending is already underway even if the trend should improve through the coming year. This means there is a risk that the buying climate element of the survey weakens significantly in the near future.
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“The speed and scale of any pull-back may give some clues as to whether Irish consumers are starting to plan for a notably healthier economic and financial future.”
The report says that the Irish economy has gotten less negative, rather than notably more positive.
“The rise in the index is primarily the result of a reduction in the negative influences on sentiment rather than the emergence of an array of extremely positive factors boosting confidence.”
The report’s authors say that the results are surprising, even to them.
“We think the make-up of the February results is a little surprising and may prompt some correction in the index in the next month or two. Of course, a weaker buying climate could be offset by further gains in other components of the survey.”
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How bloody appropriate. I went to ‘sleep’ at 12.45am having been on my phone for an hour reading things. And iv been awake since 3am….. And have been browsing since.
I read an article on mashable or lifehacker about this. If you keep your phone or tablet at about 14in or more from your eyes then it’s okay. Still feckin mad tho all the things it can be responsible for.
We’re made a very concerted effort to have a “no-screen” zone for all of us in the family an hour before bedtime It absolutely makes a difference in our sleep habits. When we “forget” or choose to stay on the screens right until bedtime, it takes ages to get to sleep. Good article, informative, and important to be reminded of this often!
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