Confidence continued to increase in 2021 Q2, spurred on by the rollout of the coronavirus vaccine programme
Consumer confidence in Northern Ireland increased in the second quarter of 2021 as the coronavirus vaccine programme continued to be rolled out. Local people once again reported feeling more confident about their current finances, future finances, job security and expected spending on expensive items.
The Danske Bank Northern Ireland Consumer Confidence Index increased to 149 in 2021 Q2, up from 137 in the first quarter of 2021, and significantly above the reading of 122 posted in the second quarter of last year. The survey was carried out in June 2021.
This latest rise in confidence is another positive development which, looking forward, should support consumer spending and wider economic growth.