Consumer and SME Economy report
UK and Germany Spend Insight Report 21 – 27 Nov 2022
In this week’s report, spend in the UK was down 1% versus 2021 (YoY) and down 7% versus 2019 (Yo3Y). Spend in Germany was up 8% YoY and up 10% Yo3Y. In the UK, despite lower transaction volumes YoY in categories such as Fuel and Grocery, spend is still higher reflecting increases in basket sizes. In Germany, Travel, Recreation, Public Transport and Clothing & Apparel are leading improvements.