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Wed 12 Dec 2009Consumer sentiment dips in October
CONSUMER CONFIDENCE faltered slightly last month, after lifting significantly in October, but there are signs that the “panic” that gripped individuals over the past year is easing.
The overall KBC Ireland/ESRI Consumer Sentiment Index (CSI) was fractionally lower in November at 53.6. David Duffy, economist at the ESRI, pointed out that, while consumers are still concerned about the economy and the jobs market, the index remains well clear of the all-time low of just below 40 hit in July 2008.
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