UK consumers slash spending on less urgent items – ONS

British consumer spending on non-urgent items - such as clothing, furniture and cars - fell last week to its lowest since February as spending on petrol surged, according to official data on Thursday based on credit and debt card usage.

by | 28 Jul, 2022

The Office for National Statistics said spending on goods that it classes as ‘delayable’ fell to 80% of its pre-pandemic February 2020 average level in the week to July 21, compared with 86% in the week before.

Read more at Reuters

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