Consumer Sentiment Impacted By Cost Of Living Increases and Changes In Income
Update: 2025-10-28
Description
Consumer sentiment has taken a nosedive for the month of October.
Cost of living increases and changes in household incomes in 2026 are being blamed for the gloomy outlook.
Only one in three consumers expect to get any increase in income next year, while 1 in 4 people think costs are going largely increase.
On Tuesday's Morning Focus, Alan Morrissey was joined live in studio by Sheila Lynch, Executive Board Member of Ennis Chamber of Commerce and Partner at Cashin & Clancy Solicitors to chat about this.
Cost of living increases and changes in household incomes in 2026 are being blamed for the gloomy outlook.
Only one in three consumers expect to get any increase in income next year, while 1 in 4 people think costs are going largely increase.
On Tuesday's Morning Focus, Alan Morrissey was joined live in studio by Sheila Lynch, Executive Board Member of Ennis Chamber of Commerce and Partner at Cashin & Clancy Solicitors to chat about this.
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