Consumer Confidence Drops in February: Biggest Monthly Decline in Nearly 4 Years

In February 2023, there was a sharp decline in consumer confidence, marking the largest monthly drop in nearly four years. The Consumer Confidence Index, calculated by the Conference Board, decreased by 8.5 points from the previous month, indicating growing concerns among consumers about future economic conditions.

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Ireland Achieves Credit Rating Upgrade Due to Strengthening Public Finances

Ireland has been awarded a credit rating upgrade by Scope Ratings. This change is attributed to the improvement of public finances and the country's robust economic growth. Analysts from the agency noted that Ireland features a strong budget position, which is becoming increasingly evident amid global economic challenges.

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