Economic concerns 'took a back seat' last month as household spend on meals and trips out boomed thanks to late summer sun



Household spending increased 2.4 per cent annually in September as people splashed out on meals and trips out to enjoy the late summer sun with economic concerns taking a 'back seat' according to a monthly index by Visa.
It said household spending showed 'renewed signs of life' last month after slowing during the run-up to the EU referendum in June.
This followed a small 0.1 per cent annual rise in consumer spending recorded in August, which had marked the weakest growth seen in nearly three years according to the report by the global finance giant.
Visa UK's consumer spending index said... read more

 
10 October 2016 in Business, Views: 45
Source: Daily Mail
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