Consumer investment decision growth slows to its weakest in 17 months As per newest Visa Irish Consumer Spending Index(CSI), Budget across all payment types(Dinero, Cheques and virtual money) Grown by by 4.
3% annually. This is down from 5% in sept and the weakest broaden since May 2015. The root expansion was also slower than the average across the 26 months of the series to date. At a store spending was down 0.4% year on year, The first decline claimed in the series so far. This followed a marginal increase black friday now in the last month. Even though, Online store spending rose by 15% year on year. The pace of proxy quickened to a four month black friday shopping deals high, With the sterling exchange rate making UK retailers a more inviting option. Visa pointed to recent Red C research showing 29% of individuals are already claiming to be buying more online from the UK since the changes in forex rates between sterling and the euro.
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