UK - BarclayCard consumer spending up 6.2% y/y (utility spending surges nearly 40%)

Data from payments processor Barclaycard.

• consumer spending in June +6.2% y/y
• +39.6% y/y in spending on utilities

Comments from the report:

• "Consumers are having to budget and seek out value where they can for both essential and non-essential purchases,"

Other UK data:

• UK data on retail sales is masking the real collapse