Visa finds only ‘moderate’ rise in Irish spend

The growth in Irish consumer spending is “moderate” with online sales continuing to attract more customers while some bricks-and-mortar stores lose out, according to Visa.

It is the latest survey to suggest that while consumers are spending modestly more that many retailers are still struggling to detect significant upturns in activity.

The Visa Irish Consumer Spending Index showed that because of the Easter falling late this year household spending in April rose by the relatively modest 0.7% from a year earlier.