Tag: Consumer Spending
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Ploughing and Golf Drive September Spending Surge, AIB Finds
Summary of the September Spending Pulse New data from AIB’s Spend Trend report shows a robust surge in card spending across Ireland in September, with overall outlays rising by 10% year on year. The month highlighted sharp increases in golf, entertainment and tourism, with exhibits also playing a starring role. The insights come from a…
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Ploughing and Golf Drive September Spending Surge in Ireland
September Spending Rebounds Across Sectors, Led by Ploughing, Golf and Tourism New data from the AIB Spend Trend report reveals that overall card spending in September rose by 10% year-on-year. The month saw notable surges in particular sectors, including golf, entertainment, tourism and exhibits, as consumers returned from summer holidays and settled into a back-to-school…
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Ireland Spending Surge: Ploughing, Ryder Cup, Electric Picnic
Irish Consumer Spending Climbs 10% on September Spend Trend September proved to be a milestone month for Irish consumer spending, with a 10 per cent year-on-year rise across in-store and online purchases. The latest spend trend from AIB, based on 75 million transactions, shows how major events captured national attention and wallets—from the National Ploughing…
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Ireland’s Consumer Spending Surges as Ploughing, Ryder Cup, and Electric Picnic Drive Tourism and Entertainment Spend
Overview: A Surge in Spending Driven by Major Events September proved to be a month of strong consumer momentum in Ireland, with overall card spending up 10% year on year. AIB’s latest spend trend, drawn from 75 million card transactions in-store and online, highlights how big events can shift consumer behavior. The National Ploughing Championships,…
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Ploughing, Ryder Cup and Electric Picnic Drive Ireland’s 10% Spending Surge in September
Overview: A 10% Jump in September Spending Ireland’s consumer economy finished September on a high note, with overall card spending rising by 10% year over year. The latest data from AIB, drawn from 75 million card transactions across in-store and online channels, highlights a broad-based increase in consumer activity, especially around major tourism and entertainment…
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Understanding Retail Inflation in India: August 2023 Data
Retail Inflation in India: An Overview The retail inflation rate in India has shown a noticeable increase in August 2023. According to the latest government data, the retail inflation rate has risen to 2.07%, compared to 1.55% in July. This increase is significant as it reflects the changing economic landscape and impacts the purchasing power…
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UK Economy Sees Zero Growth in July: What It Means
Overview of the UK’s Economic Performance in July The UK economy faced stagnant growth in July, as confirmed by the latest data from the Office for National Statistics (ONS). Following a modest expansion of 0.4% in June, the July report highlighted a concerning trend—zero growth. This article delves into the implications of these figures and…
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Insee Raises Growth Forecast to 0.8% for 2025: An Overview
Introduction In a surprising turn of events, the National Institute of Statistics and Economic Studies (Insee) has revised its growth forecast for 2025, increasing it from an earlier estimate of 0.6% to 0.8%. This unexpected adjustment has captured the attention of economists and policy-makers alike, indicating a more optimistic outlook for the French economy. Context…
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Singapore’s Tax Revenue Surges to Nearly S$89 Billion
Introduction Singapore’s financial landscape has shown remarkable resilience and growth, with the latest reports indicating a significant surge in tax revenue. For the financial year 2024/2025, Singapore collected S$88.9 billion (approximately US$69.3 billion) in tax revenue, marking a substantial 10.7% increase from the previous year. This increase not only reflects the city-state’s robust economic growth…
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Singapore’s Tax Revenue Soars: Insights on the 2024/2025 Fiscal Year
Introduction Singapore has reported a remarkable increase in tax revenue, with figures reaching S$88.9 billion (approximately US$69.3 billion) for the 2024/2025 financial year. This marks a significant 10.7% rise from the previous year, showcasing the resilience and growth of the economy amidst a challenging global environment. In this article, we will delve into the factors…