New data suggest people are adapting spending due to cost-of-living increases

Trends show spending from consumers on groceries, restaurants and fuel is increasing monthly while spending on clothes and leisure activity is dropping. Picture: PA

Consumers are spending more in supermarkets and at fuel stations but July was also an expensive month for holidaymakers, as spending on airlines and hotels surged according to data from Revolut.

Using analysis on the spending from its customers in Ireland, the financial company said that trends show spending from Irish consumers on groceries, restaurants and fuel is increasing monthly while spending on clothes and leisure activity is dropping.