Online shopping and level of savings reach record levels in Ireland, amid lockdown

Figures from the Central Bank show that deposits from Irish resident households saw the largest increase in since they began recording the figures in 2003.
Online shopping and level of savings reach record levels in Ireland, amid lockdown

Online sales in Ireland for April represented 15.5% of the total turnover for all businesses. Tim Goode/PA Wire
Online sales in Ireland for April represented 15.5% of the total turnover for all businesses. Tim Goode/PA Wire

The level of savings by households in Ireland jumped by a record €3bn in April as consumers in lockdown were unable to spend.

You have reached your article limit. Already a subscriber? Sign in

Continue reading for €5

Unlock unlimited access and exclusive benefits

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited