Consumer card spending grew by 3.1% in January

7th February 2024 Consumer Lending | #card payments

Consumer card spending grew 3.1 % year-on-year in January,  less than the latest inflation rate of 4.2 %, yet higher than December’s growth of 2.3 %. according to latest analysis by Barclays. The figures showed that retail, hospitality and leisure spending slowed as consumers stayed at home to shelter from the cold weather and save…

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