Luxury goods spend rises among Irish people

Consumer confidence is continuing to rise with Irish people starting to splash out more on holidays and cars.

According to Visa Europe’s Irish consumer spending index, there was “a marked and accelerated growth” in spending here last month, rising 5.6% on a year-on-year basis during June – the best recorded growth since Visa Europe started to monitor data.

The average increase for the second quarter of 2015 as a whole at 4.6% was an improvement on first quarter growth of 4.4%.