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Stock impact report

Irish consumer sentiment steadies, Brexit still weighs [Reuters (UK)]

KBC GROUP SA UNSP/ADR (KBCSY)

NASDAQ:AMEX Investor Relations: kbc.com/en/investor-relations

Company Research Source: Reuters

Irish consumer sentiment steadies, Brexit still weighs - Reuters 3 Min Read DUBLIN (Reuters) - Irish consumer sentiment steadied in May as continued concerns over Brexit kept a lid on the potential gains made from an improvement in the jobs outlook, a survey showed on Tuesday. The KBC Bank consumer sentiment index rose to 89.9 in May from 87.7 in April, an increase that the authors said was too small to suggest any significant mood change and kept the series hovering not far above February’s 51-month low of 86.5. While consumer sentiment and business surveys have indicated some nervousness over neighboring Britain’s protracted exit from the European Union, data last week showed jobs being added at the quickest pace since Ireland became the fastest growing economy in the EU five years ago. The May survey showed a clear improvement in views on the jobs market, KBC Bank Ireland Chief Economist Austin Hughes said. But there was only limited relief that Britain avoided a no-deal Brexit whe Show less Read more

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Irish consumer sentiment steadies, Brexit still weighs [Reuters (UK)]

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