Finance
Irish consumer sentiment drops to nine-month low on tariff fears
Published by Global Banking & Finance Review®
Posted on March 28, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 28, 2025
1 min readLast updated: January 24, 2026
Irish consumer sentiment fell to a nine-month low in March due to U.S. tariff fears on the EU, impacting economic outlook and personal finances.
DUBLIN (Reuters) - Irish consumer sentiment dropped to its lowest level in nine months in March as the prospect of U.S. tariffs on the European Union made consumers more nervous about the outlook for the economy and their own finances, a survey showed on Friday.
The Credit Union Consumer Sentiment index fell to 67.5 from 74.8 in February, the largest monthly pullback in two-and-a-half years and well below its long-term average of 84.2.
Research co-authored by the Irish finance ministry this week found that Ireland faces a disproportionate hit from tit-for-tariffs.
Irish League of Credit Unions CEO David Malone said it was not surprising that the sentiment survey painted a picture of a much more nervous Irish consumer.
(Reporting by Padraic Halpin; editing by William James)
The article discusses the decline in Irish consumer sentiment due to fears of U.S. tariffs on the European Union.
The Credit Union Consumer Sentiment index fell to 67.5 from 74.8, marking the largest monthly decline in two-and-a-half years.
Research indicates that Ireland faces a disproportionate impact from tit-for-tat tariffs between the U.S. and the EU.
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