Retail Ireland says Brexit could have implications for the border economy

thomas burke

The growth in Irish retail spending is slowing down in the wake of the Brexit vote, according to the latest figures from Retail Ireland.

Although sales values grew by 2.8 per cent in the first half of the year compared to last year, the sector has started to lose this positive momentum.

Retail Ireland says when Irish people have a fear of the unknown, they tend to recoil quickly from spending, and the fear is that could become a factor here.

The Director of Retail Ireland, Thomas Burke, says if the trend continues, it could have serious implications...........