Younger people are spending less as inflation stalls overall spending

The study used data compiled from over one million card transactions by Irish consumers during August 2022 And has been anonymised and aggregated

Younger people are spending less than their older counterparts as inflation hits the public’s overall spending, latest figures show.

Last month, there were 55,000 fewer transactions, suggesting that inflation is influencing Irish purchasing decisions, according to the AIB Spend Trend for August.