Bank of Ireland debit and credit card spending in September 2023 decreased by 8pc compared to August, continuing a pattern seen throughout 2021, 2022, and 2023.
Compared with September 2022, credit card spend on accommodation was down by 5pc, car rental spend was up by 16pc and spend on tourist attractions up by 15pc.
Social spending dropped by 14pc compared with August, while spending in the retail sector decreased by 7pc as consumers entered the “back to school” mode.
While spending in countries such as Greece, Portugal, Spain, and Germany declined, spending in France increased by 9pc, likely due to Irish rugby fans attending matches in Bordeaux, Nantes, and Paris.
