consumer spending index news and archive

September’s sun “boosted” high street spending

Consumer card spending grew 4.2 percent year-on-year in September as the late summer sun boosted in-store spending across the UK, according to the latest Barclays report. September’s growth was less than the latest CPIH inflation rate of 6.3 percent, but higher than August’s growth figure of 2.8 percent, with spending on non-essential items...

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High street spending slowed during rainy August

High street sales were hampered by wet weather in early August, reveals the latest consumer card spending index from Barclays, as fewer Brits visited shops. The report reveals that while consumer spending grew 2.8 percent year-on-year in August, it was noticeably lower than the latest CPIH (Consumer Prices Index including owner occupiers'...

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Retail

UK consumer spending falls at fastest rate in eight months

Consumer spending dropped by 1 percent in December 2018, with the run-up to Christmas hitting the sector particularly hard, new data shows. Visa’s UK Consumer Spending Index, compiled by IHS Markit, revealed that overall expenditure continued to decline at the end of last year - with December’s -1.0 percent year-on-year reduction the fastest...