The latest B&A Consumer Confidence Tracker for Q3 shows that consumer confidence remains weak with 83% of people of the opinion that the country will be worse off economically in 2021; while just 6% believe the country will be better off.  The results of the Q3 survey  came just days before level three restrictions were imposed across the entire country and do not reflect opinions during the current national lockdown.
This latest wave of the B&A Consumer Confidence Tracker (Qtr. 3) was conducted from 17th – 30th September 2020 and all interviewing was conducted via B&A’s online barometer.
The latest figures also show that there has been some decline in attitudes towards ability to save and purchasing intentions.
Attitudes towards the value of personal assets and personal income have remained relatively stable however.
Given these results, and as restrictions have since been upgraded to level 5, it is probable that consumers will become increasingly nervous as the virus continues to significantly impact across society.
Survey results are based on a sample of 1,006 adults aged 16+, quota controlled in terms of age, gender, socio-economic class and region to reflect the profile of the adult population of the Republic of Ireland. All interviewing on this wave was conducted via B&A’s online omnibus.
For more details and the full report or more information, please contact Anita Mullan: anita@banda.ie
