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

Men paid 56% more than women at Goldman Sachs International

Brexit poses 'material risks' to financial system, Bank of England warns

Bank of England to maintain interst rates, but May hike 'still in play'

Bus Eireann lose out on six bus routes between Kildare and Dublin

Today's Stories

Hockey: Bandon bidding to complete first leg of treble

Kieran Bermingham: Na Piarsaigh give every game ‘best shot’

Impressive growth but no rush to hike interest rates


The biggest cancer killer will take your breath away

Hopefully she had an idea...

Power of the press: Meryl Streep and Tom Hanks discuss 'The Post'

More From The Irish Examiner