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UK consumer spending in line with pre-pandemic level

by Mike Robinson

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© Reuters. FILE PHOTO – Shoppers walk across Oxford Street in London, Britain on December 28, 2021. REUTERS/Toby Melville

LONDON (Reuters] – British shoppers’ purchases of credit and debit cards fell slightly from the week of March 10, matching its average in February 2020. The weekly Bank of England CHAPS data, published Friday by the Office for National Statistics, showed that the UK.

According to Springboard data, retail footfall was up by 3% over the week prior and at 87% the level it reached in the same week as 2019, according to ONS.

83% and 47% respectively reported an increase in prices over the previous month.

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