Card spending rise but ATM withdrawals down

Total card spending equated to €5.8 billion in July. Picture: Simon Dawson/Bloomberg

Daily credit and debit card spending by Irish consumers has increased above levels recorded in August of last year and is up 63% compared to the low point in Apri.

New figures from the Central Bank show that spending on debit and credit cards picked up in late July and remained relatively stable throughout August, up around 9% on the daily average spending figure in August last year.