INE's April Indicators Pull in Opposite Directions — Consumer Confidence Drops to a 29-Month Low While the Economic Climate Edges Up, and Households Post Their Sharpest Negative Read on Personal Finances Since the Pandemic
INE's April release shows consumer confidence at a 29-month low while the economic climate indicator rose, breaking three months of declines. Past household-finance assessments fell at the sharpest pace since the early-pandemic months of April and May 2020.