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The UK's lethargic consumer spending run....>

UK DATA
MNI (London)
UK DATA: The UK's lethargic consumer spending run showed no signs of abating in
April, with lacklustre sales growth meaning consumer spending has fallen in 11
of the past 12 months, with the index suggesting that 2018 is on track for its
worst performance since 2012, data released by UK consumer credit firm Visa
shows. A pre-cursor to official retail sales data, Visa's UK Consumer Spending
Index pointed to a further slide in household spending in April, with consumers
and businesses blighted by the bad weather. Year-on-year, consumer spending was
down 2.0%, only a touch above March's 2.1% year-on-year decline. 
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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