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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland Consumer Confidence climbed to 59.4% in May 2026
FMPMonthlyReleased May 2026
Ireland Consumer Confidence climbed to 59.4% in May 2026, up 6.1% from April's 53.3% reading. The print exceeded the 51.5% consensus by 7.9%. Year-over-year, the indicator is down 1.4%. Over the past 3 months, Consumer Confidence averaged 58.4%, vs 61.1% in the prior 3-month window. The reading is in the 25th percentile of the trailing 24-month range.
Latest Release
59.4
Actual
51.5
Consensus
53.3
Previous
Median Absolute Error
±2.95 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 49.73
Actual: 59.4
Error: -9.67
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.68 | COMMODITIES | Bullish XAU | → View |
| GBP/USD | ▲ Direct | +0.54 | FOREX | Bullish GBP | → View |
| BTC/USD | ▲ Direct | +0.37 | CRYPTO | Bullish BTC | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Ireland) was reported at 59.4% in May 2026. This beat the market consensus of 51.5% by 7.9%. The reading rose from the previous value of 53.3%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 60.78%, ranging from 56.7% to 65.2% across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 60.43%, down from the prior three at 60.7%. Volatility over the past year (σ 2.14%) is lower than the prior year (σ 5.33%). In May readings over the past 3 years, Consumer Confidence has averaged 61.15%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with GBP/USD, positively correlated (Bullish GBP). Over the last 12 releases, the Sigmacast model's median absolute error is 2.95%.
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Consumer Confidence - IE
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About Consumer Confidence — Ireland
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 59.4 %, consensus 51.5 %. Prior reading (Apr 2026): 53.3 %. Before that (Apr 2026): 53.3 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with XAU/USD (Bullish XAU, r=0.68) — a useful reference for commodities-focused traders.