October consumer spending down slightly as 'choppy trend' continues this year

Consumer spending was down slightly in October continuing the 'choppy' trend this year.

Overall 2017 has seen a steady increase in spending rather than a surge.

Last month's gloomy results are being attributed to the Budget, which offered little in the form of give-aways.

Chief Economist with KBC Bank Austin Hughes says the economy is experiencing an ongoing but uneven upswing.

He said: "I think we will see spending pick up because there are more people in work and more people in the economy spending."


More in this Section

For business, this Brexit chaos spells worrying times

Munster rugby star turned luxury watchmaker launches instore collection

Shannon Airport predicting high passenger numbers over Christmas

Cork Airport expected to have 150,000 passengers over Christmas period


Lifestyle

Unmasking Limerick's newest masked rapper

How to stop tensions boiling over this festive season

Decorating your house for Christmas? Here's some advice from three Irish interior designers

A look back at the 10 big stories form the year in music

More From The Irish Examiner