Spending continues to increase despite concerns over re-opening

Business group Ibec has called for a balanced and transparent decision-making process on the re-opening timeline

The level of debit and credit card spending in the economy has risen steadily since January. Picture: Damian Coleman

Debit and credit card spending in Ireland jumped 5% last week as the recovery in spending continues with the easing of restrictions.

Figures from the Central Bank show total spending in the week to Sunday, June 20 increased by €72m compared to the previous week. In-store spending accounted for 58% of all card point-of-sale spending and rose by 4%, or €29 million from the previous week.