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Consumer spending falls further in December

Consumer spending falls further in December

Headline Findings: • Consumer spending: down -1.0%, strongest decline since April 2018 • Face-to-Face expenditure falls -1.6%, eCommerce spending up just +0.5% • Transport & Communication sees fastest drop in spend (-4.4%), while Hotels, Restaurants & Bars buck the trend (+7.6%)

Household spending falls for second month running in November

Household spending falls for second month running in November

Headline Findings: • Consumer spending declines by -0.7%, following -0.2% fall in October • eCommerce expenditure rises by just +0.4%, while Face-to-Face spend falls again (-0.9%) • Transport & Communication, Clothing & Footwear and Recreation & Culture see quickest drops in spend

UK consumer spending falls slightly in October

UK consumer spending falls slightly in October

Headline Findings: • Consumer spending: falls by -0.2%, after rising in August and September • eCommerce expenditure up by +2.6%, but Face-to-Face spend declines by -2.0% • Spending falls across Clothing & Footwear, and rises only slightly across Food & Drink and Hotels, Restaurants & Bars categories

Household spending increases slightly for second month in a row

- Consumer spending: increases by +0.2%, following +0.4% rise in August - Face-to-Face expenditure: up by +1.1%, while eCommerce spend falls by -0.2% - Sector data show that Hotels, Restaurants & Bars and Food & Drink categories continue to see strongest increases in spend

Consumer spending returns to positive territory in August

- Consumer spending: rises +0.4%, after -0.9% decline in July - Face-to-Face spend: increases +0.3%, but eCommerce expenditure declines by -0.2% - Hotels, Restaurants & Bars and Food & Drink categories see the biggest increases in expenditure

Household spending falls slightly in July

- Consumer spending: down -0.9% compared to July last year - Face-to-Face spend: decreases -1.2%, while eCommerce expenditure falls by -0.5% - Warmer weather supports solid increase in spend across Food & Drink and Hotels, Restaurants & Bars categories

‘Alight here for Gareth Southgate’ – iconic Tube station renamed in celebration of England football team

‘Alight here for Gareth Southgate’ – iconic Tube station renamed in celebration of England football team

• Transport for London (TfL) and Visa proudly welcome home England manager Gareth Southgate and his team by renaming Southgate Tube station to honour the team’s achievement this summer; • Iconic London Underground station changed from ‘Southgate’ to ‘Gareth Southgate’ for 48 hours; • Commuters and football fans encouraged to share photos and videos using hashtag #SouthgateSelfie.

Consumer spending bounces back in May

Consumer spending bounces back in May

Headline findings: - Consumer spending: up +0.9% year-on-year, quickest increase since March 2017 - Face-to-Face spend: up +1.5% on the year, strongest upturn since October 2016 - Spending on household goods rises for the first time in 18 months

Consumer spending falls further amid weak high street performance

Headline findings: - Consumer spending: drops -2.0% year-on-year, matching the decline seen in March - Face-to-face spend: down -5.4% on the year, quickest fall for six years - Household Goods and Recreation & Culture are weakest performing sectors

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About Visa Europe

Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 38 countries.

Visa Europe is at the heart of the payments ecosystem providing the services and infrastructure to enable millions of European consumers, businesses and governments to make electronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees. Visa Europe is also the largest transaction processor in Europe, responsible for processing more than 18 billion transactions annually.

There are more than 500m Visa cards in Europe, while €1 in every €6 spent in Europe is on a Visa card. Total expenditure on Visa cards exceeds €2 trillion annually, with €1.5 trillion spent at point-of-sale.

Visa Europe is an independent business with an exclusive, irrevocable and perpetual licence to use the Visa brand in Europe. Visa Europe works in partnership with Visa Inc. to enable global Visa payments in more than 200 countries and territories.

For more information, visit www.visaeurope.com and @VisaEuropeNews

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