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Categories: data

  • UK Consumer spending on course for weakest year since 2013 despite modest August uptick

    UK Consumer spending on course for weakest year since 2013 despite modest August uptick

    - Consumer spending rises for first time since April (+0.3% year-on-year) - Growth driven by higher E-commerce expenditure (+6.5% on the year), as Face-to-Face continues to decline (-2.6%) - With average growth of 0.2% each month this year, consumer spending is on track for its weakest calendar year of growth since 2013