Confidence falls as consumer squeeze is underway

Consumer confidence in Northern Ireland fell in July 2017 as the consumer squeeze continued to take its toll, according to Danske Bank research published today.

The Danske Bank Northern Ireland Consumer Confidence Index decreased from 141 in 2017 Q1 to 139 in July 2017.

  • Consumer confidence in Northern Ireland fell by two points between the first quarter of the year and July 2017
  • Households’ expectations of how their financial position will change over the next twelve months fell by six points compared with 2017 Q1
  • The component of the index that examines job security experienced a rise of two points in July 2017
  • Consumers’ expectations of how much they will save relative to last year decreased by seven points compared with the first quarter of the year