The first wave from Brexit: cross-Border shopping

Cantillon: CSO figures show fall in excise duty receipts as more shoppers head North

In 2009, the last time the euro and sterling flirted with parity, there was a major pick-up in cross-Border shopping, and an equal and opposite reduction in retail trade in the South

In 2009, the last time the euro and sterling flirted with parity, there was a major pick-up in cross-Border shopping, and an equal and opposite reduction in retail trade in the South

Quantifying the impact of Brexit on the Republic’s economy at this stage is like trying to measure the impact of rainfall on the Irish psyche. We know it’s likely to be profound, but who can really say for sure.

Up to now Brexit has been filtered through a series of warnings about what might happen, but there has been little in the way of hard data. The latest quarterly accounts from the Central Statistics Office (CSO), however, went some way to remedying that.

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