Fall in value of sterling 'driving Irish consumers online'

Conventional shops are seeing a drop in sales, as Irish consumers spend online to take advantage of the weakness of sterling.

The weakness of sterling has seen Irish consumers spend online and less in conventional shops, it was claimed today.

The new Visa Irish Consumer Spending Index indicates "face-to-face" spending in shops fell -0.4% year-on-year. Online spending jumped 15%, however.