Barclays: UK consumer card spending growth accelerates to 1.9% in June - BCS News | RalliesBarclays: UK consumer card spending growth accelerates to 1.9% in June
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BCS• UK consumer card spending accelerates in June
- Barclays reported UK consumer card spending rose 1.9% year on year in June, up from 0.8% in May, trailing CPIH inflation of 3%.
- Essential spending increased 2.2%, a 14-month high; non-essential spending grew 1.7% as consumer confidence broadly stabilized.
- Pubs saw sharp World Cup-driven spikes; transactions on June 27 ran about five times the 2026 daily average, up 389.9%.
- Retail spending rose 1.9%, an 11-month high, supported by record heat; clothing gained 2.4%.
- Travel spending improved to -0.1%; travel agents returned to 1.9% growth while airlines fell 5.4%.
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