Spending on credit and debit cards has went on to rise as part of August and is today above the daily average during August of 12 months which is previous, new figures from the Central Bank show.

But, ATM withdrawals stay significantly down on last year.

It has dragged down the overall day card devote, which comes with ATM withdrawals, to 3 % below what it was in August 2019.

But compared to its low point for mid-April, flash card paying is up sixty three %.

The Central Bank has today printed statistics that detail flash memory card transaction data for July and some initial figures for this month – up to August twenty four.

The Central Bank said that debit as well as charge card spending has remained’ relatively stable’ in August with the day spend up nine % on the identical month last year.

Nonetheless, ATM withdrawals are down thirty one % compared to last season to ensure the entire spend remains smaller than August 2019.

The 3rd phase of the lifting of constraints in July was certainly noticeable in very last month’s card payments.

List spending remained fairly stationary in comparison to the prior month with clothes set up nine % but groceries done 3 %.

But, the invest on food remains thirty six % higher an annual basis.

Spending on electrical products as well as hardware even declined slightly in July by 2 % but both sectors remained more than 30 % increased than in July previous 12 months.

There was, nonetheless, a jump of 160 % in spending on accommodation and a 24 % surge on travel.

But paying in the two sectors is always way below what it had been in July previous 12 months, with accommodation down 51 % as well as travel slumping sixty six % an annual basis.

Shelling out in restaurants was up fifty six % in July but remains twenty % below year which is last.

The switch to paying on providers by buyers might have contributed to the invest on ecommerce remaining really static very last month at €2.2 billion, that is up 1 % on June.

But e commerce is still up 16 % compared to last season and these days accounts for 41 % of complete flash card expenditure, the Central Bank said.