Card spending rose by 10% during May

Data released by the Central Bank shows in-store spending during May was more than €1 billion higher than that of the same month last year

30th June, 2021
Card spending rose by 10% during May
The volume of card transactions, excluding ATM usage, increased by 11 per cent in the month of May compared to April. Picture: Getty

Total card spending, including ATM withdrawals, rose by €620 million to reach €6.8 billion during the month of May, a 10 per cent rise when compared to the previous month, data released by the Central Bank showed.

Figures released by the Irish financial regulator indicated in annual terms, an increase of 40 per cent (or €1.9 billion) was recorded in May, though the Central Bank noted that spending was still significantly constricted in May 2020 following...

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