Irish consumer spending falls -0.7% year-on-year in February driven by missing Leap Day in 2017

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Irish consumer spending falls -0.7% year-on-year in February driven by missing Leap Day in 2017

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Irish consumer spending falls -0.7% year-on-year in February driven by missing Leap Day in 2017

Irish consumer spending falls -0.7% year-on-year in February driven by missing Leap Day in 2017

The latest data from Visa's Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), showed a -0.7% year-on-year fall in consumer spending, compared to a +3.9% rise in January. The primary factor for the decline was the additional trading day (Leap Day) in February 2016.

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