On-trade

Restaurant card spend jumps 30%

Card spend in restaurants was up by 30% in July this year compared to July 2020 according to Central Bank figures.
Monthly restaurant card spend in July also increased from €332.1 million in June 2021, a rise in card spend of 20% or €65 million as indoor dining recommenced in late-June and food & drink outlets enjoyed their first full month of trade.

Monthly restaurant card spend in July also increased from €332.1 million in June 2021, a rise in card spend of 20% or €65 million as indoor dining recommenced in late-June and food & drink outlets enjoyed their first full month of trade.

Consumers in restaurants spent €397.2 million via cards in July compared to €304.4 million in July 2020. Monthly restaurant card spend in July also increased from €332.1 million in June 2021, a rise in card spend of 20% or €65 million as indoor dining recommenced in late June and food & drink outlets enjoyed their first full month of trade.

For the second consecutive month spending was greater than the corresponding month in 2019, states the Central Bank. Entertainment spending also experienced strong growth of 11%, or €21 million.

And the latest daily data to the 23rd of August shows continued strong growth in spending, particularly in the accommodation, restaurant and transport sectors.

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