Categories: october

14 November 2016 09:44

Consumer spending growth reached six month high in October

• Consumer spending rises +2.5% on the year in October, up from +2.3% in September • E-commerce spending increases solidly (+4.3%), face-to-face expenditure expands for 1st time in 3 months (+1.8%) • Growth led by Hotels, Restaurants & Bars(+9.0%) and Recreation & Culture(+7.4%) • Spending on Clothing & Footwear rose at quickest rate since September 2015(+4.7%)

9 November 2015 00:00

Consumer spending growth edges up to three-month high in October

Headline findings:
Consumer spending increases at fastest annual rate in three months (+2.1%)Majority of spending categories see increased expenditure, led by Hotels, Bars & Restaurants and Recreation & Culture (+10% and 5.3% respectively)Renewed increase in spending on the high street as online expenditure continues to rise solidly
Kevin Jenkins, Managing Director UK & Ireland