UK consumer spending rises in December *slower than in Nov.), boosted by lower inflation ...Middle East

Data from Barclays on card spending in December:Consumer spending +2.3% y/y (this is Barclaycard customers spending via credit and debit cards)prior +2.9%Barclays said that part of the fall in the month reflected lower inflation. "We expect (inflation) to fall further in the opening months of 2024. This puts more spending power in the pockets of UK consumers and should help support them to continue to spend, even against the tough backdrop of weak economic growth," This article was written by Eamonn Sheridan at www.forexlive.com.

Hence then, the article about uk consumer spending rises in december slower than in nov boosted by lower inflation was published today ( Tuesday 09/01/2024 - 03:20 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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