Consumer spending up 9% in May

The month of May broke records for most card transactions by AIB customers with just over 80m.

Consumer spending during May increased by 9%, compared to the same period last year, driven by additional spending on hotels, pubs, and concert tickets, data from AIB’s Spend Trend shows.

According to the data, spending in hotels increased 8% year-on-year with Saturday, May 31, being the best day of the year for the sector, particularly in Dublin, likely driven by events such as Bloom and the VHI Women’s Mini-Marathon.