UK data - Consumer spending +18.1% from April 2019

  • UK spending data from payment processor Barclaycard.

Info via Reuters:

  • outlays on essential items grew by slightly less in April than in March
  • average spending on utilities leapt by almost 30% compared with a year ago
  • Overall spending by consumers grew 18.1% in April compared to the same period in 2019, reflecting the rising energy costs
  • travel sector had its best month since before the pandemic as people prepared to go on holiday again
  • Barclaycard said slower increases in spending on takeaway meals, nights out and subscriptions showed how consumers were changing their behaviour.

GBP update - not moved by the UK data:

gbp 10 May 2022

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