Consumer Opinion Surveys: Economic Situation: Future Tendency for Ireland
CSESFT02IEM460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-28.40
Year-over-Year Change
110.37%
Date Range
1/1/1985 - 6/1/2025
Summary
The Consumer Opinion Surveys: Economic Situation: Future Tendency for Ireland measures consumer sentiment about the future economic outlook in Ireland. This leading indicator provides insight into consumer confidence and spending behaviors.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This survey-based indicator tracks Irish consumers' expectations for the country's future economic conditions. It is a valuable metric for policymakers and analysts to gauge potential changes in consumer spending and economic activity.
Methodology
The data is collected through regular consumer surveys conducted by the European Commission.
Historical Context
This trend is closely monitored by economists and financial markets for indications of future Irish economic performance.
Key Facts
- The index ranges from -100 to 100, with higher values indicating more positive economic expectations.
- Ireland's consumer confidence index reached a record high of 7.5 in January 2020.
- The index plummeted to -35.9 in April 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks Irish consumers' expectations for the country's future economic conditions, providing insight into consumer confidence and spending behaviors.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is closely monitored by economists and financial markets as it can signal potential changes in consumer spending and overall economic activity in Ireland.
Q: How is this data collected or calculated?
A: The data is collected through regular consumer surveys conducted by the European Commission.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to gauge the future economic outlook in Ireland and inform decisions related to fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of around one month.
Related Trends
Consumer Price Index: Harmonized Prices: Restaurants and Hotels (COICOP 11): Total for Ireland
IRLCPHP1100GPM
Business Tendency Surveys: Export Order Books or Demand: Economic Activity: Manufacturing: Current for Ireland
BSXRLV02IEM086S
Producer Prices Index: Type of goods: Investments goods: Total for Ireland
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Real Exports of Goods for Ireland
NXGRXDCIRA
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for Ireland
LRHUTTFEIEM156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Maintenance and Repair of the Dwelling for Ireland
IRLCP040300GYM
Citation
U.S. Federal Reserve, Consumer Opinion Surveys: Economic Situation: Future Tendency for Ireland (CSESFT02IEM460S), retrieved from FRED.