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Sign up to The Irish Times Archive (1859 - 2008)My Account »

Thu 08 Aug 2008Consumer confidence slumps to record low

THE OUTLOOK for the Irish economy dulled further yesterday as housebuilders reported an 84 per cent fall in new starts and survey data indicated mounting pessimism among consumers.

Consumer sentiment fell for the sixth consecutive month in July as concerns over rising costs led to caution among households.

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