The latest research from Visa Europe shows in the month of October, consumer spending increased significantly in Ireland, with household goods experiencing a 14.2% spike as homeowners spent more on home improvements.

Clothing stores and shoe shops also performed impressively, recording a 12.3% increase.

Hotels and restaurants saw an increase in turnover with sales up 11.5% from October 2014. There was also a large increase in pub spending due to a number of televised high-profile sporting events including the rugby World Cup.

The broad-based increase in spending extended to eCommerce which experienced an annual increase of 10.6%.

Spending on all Visa debit and credit cards climbed by 6.8% in October compared to the same period last year. This follows a 5.5% increase in the month of September.

For more on this article, please visit: Business World

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