• Consumer spending falls by -0.8% on an annual basis, following declines in May and June • Transport & Communication (-6.1%) and Clothing & Footwear (-5.2%) see most marked reductions in spend • Face-to-Face expenditure falls at quicker pace (-3.7% on the year), while E-commerce spend increases by +3.6%
• Household expenditure increases by +1.0% on the year, down from +1.3% in February • Average annual growth rate falls to +0.9% in Q1, down from +2.7% in Q4 2016 • Spending through e-commerce continues to drive growth (+8.2%); face-to-face expenditure however declines for third month running (-1.3%)
• Spending rises +1.5% on the year in February, up from +0.4% in January • Expenditure through e-commerce channels continues to increase (+3.2%), while face-to-face spending falls again (-3.0%) • Recreation & Culture (+3.3%) and Hotels, Restaurants & Bars (+1.2%) see further increases in spend on an annual basis
Consumer expenditure growth weakens to +0.4% year-on-year in January, from +2.5% in December Face-to-face spending declines at quickest rate in four years (-3.1%), while e-commerce continues to rise (+4.1%) Hotels, Restaurants & Bars (+5.7%) and Recreation & Culture (+3.1%) are top performing sectors Clothing & Footwear sees biggest drop in spend since April 2012 (-3.8%)
Headline findings · Consumer spending up +2.6% on the year in December · Spending growth remains solid in e-commerce categories (+5.5% year-on-year), but rises only slightly in face-to-face categories (+0.7%) · Hotels, Restaurants & Bars (+7.3%) and Recreation & Culture (+6.4%) see strongest increases in expenditure
Consumer spending increases +3.2% year-on-year, the highest rate since January 2015 Record increase in e-commerce expenditure (+12.5%), but face-to-face spending declines slightly (-1.4%) All broad spending categories see higher spending, led by Recreation & Culture (+9.3%)
• Consumer spending rises +2.5% on the year in October, up from +2.3% in September • E-commerce spending increases solidly (+4.3%), face-to-face expenditure expands for 1st time in 3 months (+1.8%) • Growth led by Hotels, Restaurants & Bars(+9.0%) and Recreation & Culture(+7.4%) • Spending on Clothing & Footwear rose at quickest rate since September 2015(+4.7%)
• Consumer spending increases +2.4% year-on-year in September, having been broadly flat in August (+0.1%) • Spending via e-commerce increases solidly (+6.0% on the year), while face-to-face expenditure saw a minimal increase (+0.1%) • Recreation & Culture (+6.8%) and Hotels, Restaurants & Bars (+6.0%) are best performing sectors
• Slowest increase in consumer spending since February 2014 • Transportation and communications dropped -5.2% year-on-year, driven by slowing growth in car sales • Clothing & Footwear retailers buck the trend, posting +4.2% year-on-year, its first rise in three months • Growth in e-commerce slows to +2.3% year-on-year while face-to-face expenditure falls slightly on an annual basis (-0.8%)
Headline findings: • Total consumer spending increases by +2.5% year-on-year in April • E-commerce growth rate of +8.4% year-on-year but face-to-face expenditure is broadly flat (+0.2% year-on-year) • Clothing and footwear sees biggest fall in year-on-year spending since September 2014
Headline findings: • Consumer spending rises by +2.3% year-on-year • Strong increases in expenditure seen in Recreation & Culture (+5.6%) and Hotels, Restaurants & Bars (+5.3%), but spending at Clothing & Footwear retailers declines (-1.8%) • Growth led by higher e-commerce spending (+4.2%), as face-to-face expenditure falls slightly (-0.9%)
• Household spending increases +2.2% year-on-year in February • Sharp rise in spending on Hotels, Restaurants & Bars (+13.6%) and Recreation & Culture (+9.7%), while expenditure growth reaches 13-month high across Food & Drink (+4.8%) retailers • E-commerce on upward trajectory as growth improves to +6.3% on an annual basis
Headline findings: • Consumer spending rose +2.7% on an annual basis in January, the highest growth rate since May 2014 • Clothing & Footwear surged +5.0% from a dip in December, thanks to cold weather and January sales • High Street spending bounced back to an eight-month high
• Consumer spending increases solidly in December (+2.3% year-on-year), rounding off 2015 as the second strongest year since 2008 • Sharp rise in e-commerce spending (+7.4%), but face-to-face spending is broadly flat (-0.1%) • Growth led by Hotels, Restaurants & Bars (+8.1%), Household Goods (+4.9%) and Recreation & Culture (+4.8%)
Headline Findings •Modest increase in consumer spending in November (+1.1% on the year) •Expenditure continues to rise solidly in e-commerce (+4.1%), but declines on the high street (-1.5%) •Hotels, Restaurants & Bars, Recreation & Culture and Clothing & Footwear see strongest increases in spending during November
Headline findings
Consumer spending continues to rise at a steady rate of +1.8% year-on-yearSolid increases seen across a broad range of categories, with the Recreation & Culture and Clothing & Footwear sectors among the best performersStrong growth for e-commerce of +5.8% year-on-year, though high street spending remains flat
Analysis of spending on Visa cards in the UK shows clear growth in Sunday trading versus other days of the week:
Average Sunday Average Saturday Average Day Increase in face-to-face spend from 2011 to 2015 35.2% 28.2% 27.9% Increase in online spend from 2011 to 2015 68.9% 56.7% 47.5%
Commenting on spending growth in Sunday trading, Kevi
Smart devices on track to replace cash and cards as UK mobile payments projected to hit over £1.2bn a week by 2020 -UK mobile payments predicted to grow three-fold in the next five years as shoppers embrace new options and spend more on mobile -One in four estimate spending more than £50 a week on mobile by 2020
Visa Europe is a payments technology business owned and operated by member banks and other payment service providers from 38 countries.
Visa Europe is at the heart of the payments ecosystem providing the services and infrastructure to enable millions of European consumers, businesses and governments to make electronic payments. Its members are responsible for issuing cards, signing up retailers and deciding cardholder and retailer fees. Visa Europe is also the largest transaction processor in Europe, responsible for processing more than 18 billion transactions annually.
There are more than 500m Visa cards in Europe, while €1 in every €6 spent in Europe is on a Visa card. Total expenditure on Visa cards exceeds €2 trillion annually, with €1.5 trillion spent at point-of-sale.
Visa Europe is an independent business with an exclusive, irrevocable and perpetual licence to use the Visa brand in Europe. Visa Europe works in partnership with Visa Inc. to enable global Visa payments in more than 200 countries and territories.
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