New data from the fintech shows we flocked back to restaurants and hairdressers as the pandemic receded via IrishTimesBiz
There were declines also on grocery spend, where the average user spent 7 per cent less. However, 18-24-year-olds spent 10.4 per cent more, in contrast to those aged 65-74 who spent 15.1 per cent less on groceries.CEO of An Post David McRedmond joins Ciaran Hancock to discuss the ongoing row between An Post and the UK’s Post Office over the implementation of post-Brexit customs rules, which is resulting in thousands of online purchases being returned to British retailers.
Despite the rise of inflation, the average user spent 1 per cent less at pharmacies. The biggest decrease was among users aged 75 and over, who spent 7.9 per cent less. Those aged 18-24 spent 6.3 per cent more at pharmacies. In terms of entertainment, the data shows a 4.3 per cent increase in spending on digital goods including media, books, video, and music.
Irish holiday-makers spent money in an average of 3.83 countries over the past year, which represented a 23.4 per cent increase. The most popular countries outside the Republic were the UK, the US, Spain, the Netherlands, Luxembourg, Malta, France, Lithuania, and Germany.
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