Ireland: Economic sentiment worsens in February
Latest reading: Economic sentiment dropped to 99.5 in February, following January’s 100.1. The latest reading was below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In February, sentiment worsened in the industrial sector (+10.6 vs +14.5 in January) and the retail sector (+3.8 vs +8.3 in January). In contrast, sentiment brightened in the construction sector (+17.7 vs +16.7 in January), the services sector (+25.1 vs +19.9 in January) and among consumers (-15.3 vs -16.8 in January).