Consumer and SME Economy report

UK and Germany Spend Insight Report 03 – 09 Oct 2022

In the UK, Retail spend remains down YoY across Clothing & Apparel, Sporting Goods and Electronics. Grocery ‘share of stomach’ has returned to 2019 levels, while Pubs & Restaurants share is lower. In Germany, Food & Beverage continues to see consistent YoY growth, with Pubs & Restaurants ‘share of stomach’ improving. Retail goods spend is continuing to track lower relative to last year.