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Irish Consumer Sentiment Slips in July Amid Cost Concerns

DUBLIN, July 28 (Reuters) - Irish consumer sentiment fell slightly in July ​on concerns about the ‌cost of living, a survey showed on Tuesday.

The Credit Union ​Consumer Sentiment Survey ​slipped to 61.6 in July ⁠from 62.2 in June. ​That is well below the ​long-term survey average of 83.2, but above a 40-month low of ​53.3 hit in April ​following a sharp rise in fuel ‌costs ⁠as a result of the Middle East conflict.

Subindices measuring current conditions, consumer expectations ​and the ​economic ⁠outlook all fell slightly, the survey showed.

"Concerns ​about the cost ​of ⁠living continue to outweigh all other economic issues," said ⁠Irish ​League of Credit ​Unions CEO David Malone.

Reporting by Conor ​Humphries; Editing by Padraic Halpin

Source: Reuters


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