Tag Archives: Will Hobbs

UK Card Spending Shows Growth in June, but Concerns Remain Over Inflation and Shrinkflation

(IN BRIEF) Consumer card spending in the UK showed a year-on-year growth of 5.4% in June, driven by warm weather and increased socializing at pubs and bars. Spending on groceries surged by 9.5%, although shoppers remain concerned about “shrinkflation” and … Read the full press release