Consumer spending up but inflation a key factor - Revolut

The online bank found that increased individual spending is masking a more cautious outlook overall

The study found more caution in the market overall

A new report from Revolut, the online bank that has 2.3 million users in Ireland, has found that consumer spending is up on the whole, but that inflation is playing a key role. The study found that while total spend on the likes of sporting goods stores and cruises are up, there is more caution in the market overall.

On the whole, consumer spending is up 13.1 per cent over the last 12 months but ...