Retail
UK consumer spending sees first rise in clothing and footwear in two years
Consumer spending on clothing and footwear rose in 3.6 percent in July, the first increase in three years, according to Visa and HIS Markit’s monthly consumer spending index. Household expenditure rose +2.4 percent on the year in July, after -6.5 percent decline in June. E-commerce spending soared at record pace, up 16.2 percent as consumers...
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