Consumer Spending Falls For First Time In Nearly Four Years

Headline findings • First fall in household expenditure since 2013 (-0.8% on the year) • Face-to-face spending declines notably (-5.3%), while e-commerce rebounds (+6.9%) after weak April (-0.3%) • Clothing & Footwear (-5.2%) and Household Goods (-4.1%) among the weakest performing sectors in May
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