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November spending growth reached 22-month high, driven by e-commerce around Black Friday
Headline findings
• Consumer spending increases +3.2% year-on-year, the highest rate since January 2015
• Record increase in e-commerce expenditure (+12.5%), but face-to-face spending declines slightly (-1.4%)
• All broad spending categories see higher spending, led by Recreation & Culture (+9.3%)
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License:
Creative Commons Attribution
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- File format: .pdf
