Spending remained flat in April as the increase in the cost of living started to impact consumers’ pockets, up only 0.41% overall during the month, according to AIB, which said that, on average, consumers spent more than €80 million a day on cards throughout April, which was the same amount spent per day in March, however, the amount of transactions in April declined by two million as consumers spent more per transaction.
However, that did not stop consumers making the most of the extended Easter Break, with spending across the hotel (+19%), restaurant (+9%) and pubs (+4%) sectors all being up during the month.
