Face-to-face based spending grew 3.1% last month – the second best recorded for the year so far, while e-commerce spending rose 6.2% compared to April’s rise of 7.8%.
i E-commerce is the buying and selling of goods and services online. 3. Name all the areas that have seen an increase in spending.
Commenting on the results, Ireland country manager with Visa Europe, Conor Langford, said it was now clear consumers were starting to see the benefits of the economic recovery, with home makeovers helping to drive the increase…
Senior economist at Markit Paul Smith said the figures seem to confirm the ongoing recovery of the economy. ‘Consumer spending growth continued to hum along nicely during May, maintaining the recent trend,’ he said.
