Online spending rises by 11%

Irish consumers are spending more money online, as sales continue to grow this year.

Visa's Irish Consumer Spending Index shows that online spending has seen a sharp increase of more than 11% year on year, which represents a five-month high.

This contrasts with face-to-face expenditure, which has declined for the 11th month in a row.

The report found that the best-performing sector for the month of August was household goods, which increased by 10.6%.

Consumers are also spending 5.5% more on clothing and footwear, which is the sector's highest rate of expansion in 15 months.

The only category not to see a rise in spending was food and drink.

More in this Section

Ryanair announces 200 engineering jobs across Europe

I Wish competition launched to encourage female entrepreneurs in STEM

Shoppers expected to save millions as Black Friday 2017 sales 'to break records'

British Gas owner Centrica to scrap standard variable tarrifs for new customers

Today's Stories

Ireland must forge even closer links with eurozone

Is this the end for zero-hour contracts?

The European Union seeks tax rule action

Despite the ticking clock, some optimism over sterling


Our divergent relationship with animals

Cork photographer in the frame for top prize

Battle of the bog: Those who fought for access to the bathroom

A towering achievement: Exploring Irish castles and beautiful buildings

More From The Irish Examiner