Irish debit card spend outside Republic soars

Irish consumers spent over €340m via debit card transactions outside of the Republic, during November alone, as shoppers continued to look online for value and avail of a weaker post-Brexit referendum sterling.

The figure — contained in latest Central Bank credit and debit statistics — represents a 32% year-on-year increase.

While it also includes ATM transactions, it indicates that the already high level of consumer money not staying in the country is on the rise.