Expenditure on clothing and footwear increased by 19 per cent in 1997 in real terms compared to a 12 per cent increase the year before, according to the latest figures from the Central Statistics Office. A CSO spokesman said that the increase reflected not just a buoyant economy but also lower prices in the industry due to increased competitiveness.
Spending on clothes, footwear up 19%
Expenditure on clothing and footwear increased by 19 per cent in 1997 in real terms compared to a 12 per cent increase the year…
Join The Irish Times on WhatsApp and stay up to date
Sign up to the Business Today newsletter for the latest new and commentary in your inbox
Listen to Inside Business podcast for a look at business and economics from an Irish perspective
Martyn Turner
Tesco’s Irish operation made €185m profit last year
Live: Polls close with final voter turnout for presidential election below 40% in many areas
Historic low turnout in presidential election likely with many polling stations below 40%
Matt Cooper’s acerbic presidential election remark pays off
Business Today
Get the latest business news and commentary from our expert business team in your inbox every weekday morning