€250m expected to be spent on Black Friday sales with annual online spending forecast to reach €16bn

€250 million is expected to be spent on Black Friday sales this year as Irish consumers continue to spend despite a recent weakening in consumer confidence.

Despite ongoing worries over the possible negative implications Brexit could have on the Irish economy, the latest Consumer Market Monitor (CMM), shows that the economy is continuing to grow strongly with personal spending up by 3% in the first half of this year.