Visa’s Consumer Spending Index for May, which has launched today, shows a fall in consumer spending for first time in nearly four years. Compiled by Markit, the Index is distinct from Visa’s business performance and reflects overall consumer spending, not just that on cards. Headline findings First fall in household expenditure since 2013 (-0.8 per
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Consumer spending growth slowed down in January after uncertain year
by Owen Gough • • 0 Comments
Visa’s Consumer Spending Index for January shows consumer spending growth slowed to a five month low in January. Compiled by Markit, the Index is distinct from Visa’s business performance and reflects overall consumer spending, not just that on cards. Consumer expenditure growth weakens to +0.4 per cent year-on-year in January, from +2.5 per cent in December. Face-to-face spending
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Consumer spending reached six month high in October
by Owen Gough • • 0 Comments
Visa’s UK consumer spending index signals robust growth in household expenditure at the start of the fourth quarter. On an annual basis, spending rose +2.5 per cent, up from +2.3 per cent in September and the strongest rate of increase in six months. Compiled by Markit, the index is distinct from Visa’s business performance and
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