Spending on groceries up 10% last month after steep decline in January

Spending by customers increased by 4% in February compared to January, with large increases seen with spending in groceries, health and beauty, and with airlines, AIB data shows

Overall consumer spending increased by 4% in February compared to January. 

Spending on groceries increased by 10% in February after a steep decline in January despite inflation continuing to decrease, new data from AIB shows.

According to data from AIB’s Spend Trend, spending by customers increased by 4% in February compared to January, with large increases seen with spending in groceries, health and beauty, and with airlines.