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Irish Consumer Spending Contracts By -1.4% In May Due To Fall In High Street Sales
Visa’s Irish Consumer Spending Index, produced by IHS Markit, which measures expenditure across all payment types (cash, cheques and electronic payments), signalled a modest reduction in overall spending during May. The latest data showed that expenditure declined by -1.4% on the year, following growth of +1.2% in April.
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