Credit and debit card spending up by 21% in December
Print2 February 2021
Central Bank statistics show credit and debit card spending rose by 21% in December compared to November.
As you would expect to see, the easing of restrictions in December led to a significant increase for restaurants and the dining sector, where sales were up by 66% compared to the previous month. In-store spending also increased in December; up 45% month-on-month (up by €1.25 billion).
Interestingly, online spending decreased by 7% in December, although it had nevertheless grown by 21% when compared with December 2019.
Meanwhile, grocery spend rose by 22% on November, in line with seasonal trends.
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