From payments company Visa on the UK, their data showing consumer spending down 0.2% y/y in October
- first fall in 3 months
- September was +0.2% y/y
Visa economist comment on the result:
- "No doubt this disappointing reading will cause some concern for high street retailers as we head into the key Christmas shopping period,"
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GBP unmoved - Brexit headlines the mover of it, not this sort of data