• Household spending falls for first time since February 2017 (-0.3% on the year) • Face-to-Face expenditure declines for second month running (-3.9%) • eCommerce spending continues to rise sharply (+9.8%)
Visa’s Irish Consumer Spending Index, produced by IHS Markit, which measures expenditure across all payment types (cash, cheques and electronic payments), recorded a modest year-on-year increase (+1.0%) in consumer spending in Ireland during November, representing the weakest growth in just over a year, slowing from +4.0% in October.
Visa’s Irish Consumer Spending Index, produced by IHS Markit, which measures expenditure across all payment types (cash, cheques and electronic payments), highlighted a pick-up in momentum at the start of the fourth quarter of the year. Household expenditure was up +4.0% year-on-year, the fastest in four months following a modest rise of +1.5% in September.
Visa’s Irish Consumer Spending Index, produced by IHS Markit, which measures expenditure across all payment types (cash, cheques and electronic payments), has revealed that spending in Ireland rose at a slower rate during September, ahead of the 2019 Government Budget being announced.
Visa’s Irish Consumer Spending Index, produced by IHS Markit, which measures expenditure across all payment types (cash, cheques and electronic payments), revealed that Irish household spending rose +2.2% year-on-year in August, with the rate of expansion unchanged from that seen in July (+2.2%).
Visa’s Irish Consumer Spending Index, produced by IHS Markit, which measures expenditure across all payment types (cash, cheques and electronic payments), signalled continued growth of household expenditure during July, albeit at a less marked pace than was seen in June.
Visa’s Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), pointed to a pick-up in the rate of growth in Irish household expenditure in June, driven by the recent heatwave across Ireland.
Visa’s Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), recorded a +3.7% year-on-year increase in consumer spending in Ireland during May, marking the fifteenth consecutive month of growth in household expenditure.
Overall growth in April of +3.8% marks fourteenth successive month of growth Ecommerce spending in April saw a rapid expansion with +10.7% rise in online sales, the strongest seen in eight months Expenditure across Hotels, Restaurants and Bars saw a notable +9.7% increase last month
DUBLIN – April 17, 2018 – Visa Inc. (NYSE:V) today announced professional footballer, Zlatan Ibrahimović, will be the new face of its global marketing campaign in anticipation of the 2018 FIFA World Cup Russia™. As the Official Payment Services Partner of FIFA, Visa, in collaboration with Zlatan, will help fans not miss a moment of the action this summer.
Visa’s Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), signalled a slowdown in the pace of growth in March amid severe weather disruption at the start of the month. That said, spending continued to rise on an annual basis, extending the current sequence of expansion to 13 months.
Visa’s Irish Consumer Spending Index, which measures expenditure across all payment types (cash, cheques and electronic payments), signalled a +4.4% year-on-year expansion in household expenditure in February. The rate of growth was solid, albeit slower than the +5.4% increase seen in January.