barclaycard consumer spendingmsci world ticker

Data range: The spending data in this report relates to the period 25 April 2020 to 22 May 2020.

Consumer spending fell 14.5% year-on-year in June but some retail categories started to show signs of a recovery Key insights: • Overall consumer spending contracted by 14.5% year-on-year in June, but a retail uplift as shops reopened means this was the smallest fall recorded since lockdown began. In another sign of goodwill, 71% chose not to stockpile food, medical suppliers and other essential items so that others wouldn’t be left empty-handed.Brits also continued to be resolute about their own financial situation, with 68% remaining positive about their household finances, broadly in line with last month. Earn 15,000 bonus points after your first purchase or balance transfer – enough to redeem for up to two free nights – plus $0 annual fee. Visit insights.uk.barclays/MCI or email Barclaycard.com is a global site that houses products and information for all countries. This website uses cookies.

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Figures from Barclaycard said spending in pubs in the last week of July was down 9.4 per cent on the same week in 2019, and down 16.4 per cent in restaurants. Customers aged at least 16 in the relevant period.

“However, a sense of cautiousness still prevails,” Barclaycard … "However, a sense of cautiousness still prevails," Barclaycard … Barclays Bank UK PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 759676).

In the UK we process nearly £1 in every £3 spent using credit and debit cards, and in 2019 we processed over £272bn in transactions globally. • Consumer confidence is on the up, having shown improvement for the past three months in the Barclaycard Monthly Consumer Confidence Survey. See Terms and Conditions for details. It’s also heartening to see communities supporting each other – whether clapping for the NHS, checking on vulnerable neighbours or supporting local businesses.”The past 12 weeks have continued to see strong grocery sales growth of 9.1%, according to Kantar, but sales growth slowed down in the past four weeks.The UK’s largest supermarket Tesco grew sales at a faster rate than the German discounters in April, while convenience sales continue to boomThe convenience market is set to see increased volumes of footfall, with 85% of holidaymakers planning on doing some self-cateri Not logged in before? Supermarket purchases drove much of the 11.6% growth on essential spending, with the category increasing by 21.3%. This increase was bolstered by supermarket and fuel expenditure, which grew by 1.3 per cent and 2.5 per cent respectively.Spending on non-essentials saw slightly stronger growth of 2.4 per cent, yet the retail sector was impacted by three in 10 Brits (29 per cent) spending less because of Storms Ciara and Dennis, with 53 per cent of these consumers delaying a shopping trip as a result. This could be attributed to the fact 56% said they were saving money by avoiding the pub, eating out and commuting less.“The coronavirus pandemic continues to impact everyday life in the UK, and this is naturally reflected in where and how Brits are spending their money,” said Barclaycard director Esme Harwood.“It’s no surprise that essential spend has increased as tighter movement restrictions have meant consumers are largely staying indoors, and therefore unable to visit the high street, socialise in person or travel.“However, despite these turbulent times, it’s positive to see that many Brits remain resilient about their own household finances. There were 2,005 respondents, providing a representative sample of UK consumers by age, gender, region, and income group.For more information, please contact Polly Ewell at Barclaycard, part of Barclays Bank PLC, is a leading global payment business that helps consumers, retailers and businesses to make and take payments flexibly, and to access short-term credit.
Consumer spending on essential items soared in March, driven by shoppers flocking to supermarkets, off-licences and independent grocers as coronavirus-fuelled panic took hold, according to the latest data from Barclaycard. It is compared with 26 January 2019 to 22 February 2019.The consumer confidence survey in this press release was carried out between 21 and 24 February 2020 by Longitude Research on behalf of Barclaycard.

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