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Wet weather hits the high street, but consumer spending maintains growth at end of Q1
Headline findings:
• Consumer spending rises by +2.3% year-on-year
• Strong increases in expenditure seen in Recreation & Culture (+5.6%) and Hotels, Restaurants & Bars (+5.3%), but spending at Clothing & Footwear retailers declines (-1.8%)
• Growth led by higher e-commerce spending (+4.2%), as face-to-face expenditure falls slightly (-0.9%)
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