Irish December consumer sentiment collapses to 49.8

From a lofty 63.8 in November … Yuk!

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That’s the largest fall in the index’s 17 yr history, but the Research institute says December’s release was exaggerated and latest data emphasizes the fragility of confidence at the moment and household spending pressures in the country.

The latest austerity measures totalling Eur 3.5 bln aren’t going to help matters either

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