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Consumer expenditure eases in May
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Consumer expenditure eases in May
Bank of Ireland’s latest Spending Pulse data shows a slight easing in consumer expenditure in May, with total card spending down 3.6% compared with the same month last year, as households continued to balance discretionary spending amid ongoing cost pressures. Despite the overall decline, the data highlights a mixed picture across sectors, with several categories recording solid growth, particularly those linked to lifestyle, services and improv…
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