Thawing Consumers

Are Irish consumer markets thawing out? After a very long 'freeze' we shouldn't expect anything immediate. But  my company's most recent Economic Recovery Index survey highlights several months of improving sentiment since late last year. It could be (a lot) better, but it has been (a lot) worse:

Amárach Economic Recovery Index February 2012

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The Irish domestic market is a bit like Stade de France last Saturday: it's still not safe to play, but we'll get out onto the pitch at some stage.