December Rise In Consumer Confidence Fails To Boost Festive Spending
Consumer spending reached just 1.0 per cent year-on-year growth in December, representing a decline in real terms when accounting for inflation. Data from Barclaycard, which sees nearly half of the nation’s credit and debit card transactions, reveals that spending on essentials declined 0.9 per cent in December, with supermarkets contracting by 0.9 per cent compared … Read more