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UK consumer spending edges up in mid-January - ONS

Published 26/01/2023, 10:03
© Reuters. FILE PHOTO: People walk along a busy shopping street, during the traditional Boxing Day sales in London, Britain, December 26, 2022. REUTERS/Maja Smiejkowska/File Photo

LONDON (Reuters) - British consumer spending on debit and credit cards rose marginally over the week to Jan. 19 and other measures of their behaviour were broadly unchanged, weekly data compiled by the Office for National Statistics showed.

© Reuters. FILE PHOTO: People walk along a busy shopping street, during the traditional Boxing Day sales in London, Britain, December 26, 2022. REUTERS/Maja Smiejkowska/File Photo

Spending in the period rose by two percentage points from the week before to 97% of its average level in February 2020, just before the coronavirus pandemic hit.

The credit and debit card spending figures, based on Bank of England interbank payment flows, are not seasonally adjusted.

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