Retail Ireland Monitor November 2024

Budget 2025 included a series of significant tax and expenditure measures, which pave the way for an election. However, these measures have yet to translate into any dramatic changes to consumer sentiment. Both the Irish League of Credit Unions index and Red C’s Consumer Mood Survey have posted steady if modest gains this year. We don’t know, however, if actual spending behaviour will mirror the survey findings as we move towards Christmas. Over recent years there has become an increasing disconnect between consumer sentiment and actual retail sales trends.