British consumer spending showed modest growth in March. There do seem to be signs of strain beginning to emerge beneath the surface.
British Retail Consortium (BRC) data:
BRC chief executive Helen Dickinson highlighted the resilience of both food and non-food categories, suggesting a quiet strengthening in consumer appetite despite geopolitical pressures.
In contrast, Barclays’ broader measure of UK consumer spending — which includes debit and credit card transactions — painted a more subdued picture:
spending rose just 0.5% year-on-year, down from 1.0% in February and falling short of inflationsupermarket sales dropped 2.6%, although warmer weather did support spending at garden centres and specialty food retailersBarclays chief UK economist Jack Meaning warned of a possible softening in consumer activity ahead.
“We expect spending to remain muted through mid-2025, before gradually recovering into 2026 as interest rate cuts and stabilising conditions take hold” This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about uk consumer spending resilient in march despite tariff fears and rising business concerns was published today ( ) 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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