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This note sets out a brief introduction to the KBC Bank Ireland/ESRI Dublin consumer sentiment index which is being released as part of the ‘Dublin Economic Monitor’ by the four Dublin local authorities. We also provides a short analysis of recent trends in the main components of the index and how these relate to various economic variables. It is envisaged that a short analysis of the latest trends in Dublin consumer sentiment will be released to coincide with future quarterly releases of the Dublin Economic Monitor.
Note: The KBC Bank Ireland/ESRI Dublin Consumer Sentiment Index is a quarterly series based on 700 phone interviews with a representative sample of Dublin consumers over the three months of the relevant quarter. As with the corresponding national survey, the sentiment index is derived from responses given to 5 questions about the outlook for the Irish economy, the outlook for unemployment, recent and expected trends in household finances and the buying climate.