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October sees consumer spending decline by 0.1 per cent as restrictions and colder weather encourage Brits to stay indoors
By GCU on November 12, 2020Consumer spending declined 0.1 per cent year-on-year in October, as the introduction of further restrictions and the arrival of colder weather encouraged Brits to stay at home and turn to online shopping. Data from Barclaycard, which sees nearly half of the nation’s credit and debit card transactions, reveals that spending on essential items grew 4.2 per cent year-on-year, steadied by […]