Taylor Swift and Coldplay drive a surge in concert spending by Irish consumers

Consumer spending overall during July saw a small decline compared to the previous month

The rush to buy tickets for Taylor Swift and Coldplay concerts next year saw spending with ticket agencies jump 88% compared to June. File picture: George Walker IV/AP

A surge in spending on concerts and in cinemas helped to bolster consumer spending during July which overall saw a small decline compared to the previous month, new figures show.

According to the AIB Spend Trend report for July, the average daily spend fell by 3% compared to June with spending on many items such as clothing, groceries, and homewares taking a hit.