Year-on-year UK consumer spending increased

Expenditure Index: visa europe

  • Year-on-year spending increased for the second consecutive month in April: growth of +0.5% (March: +0.8%).
  • Underlying spending improved in April: 3m/3m growth rate at +1.1% (March: +1.3%).
  • Month-on-month consumer spending falls in April (-2.5%), following three successive months of growth (March: +1.2%).
  • Solid annual increase in spending Online in April (+6.2%).
  • Face-to-face spending declined on the year.
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