日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

USEUROPEAFRICAASIA 中文雙語Fran?ais
World
Home / World / Europe

UK shoppers cut spending by most in more than four years

Agencies | Updated: 2017-11-13 18:52

UK shoppers cut spending by most in more than four years

Shoppers walk past a sale sign in central London, Britain June 27, 2017.? [Photo/Agencies]

LONDON - British shoppers reined in their spending by the most in more than four years in October, according to a survey by payments company Visa which added to other signs that the squeeze on incomes is hitting the high street.

Consumer spending - adjusted for inflation and seasonal effects - fell by 2.0 percent in October compared with the same month last year, Visa said, based on its credit and debit card data. It was the fifth fall in the last six months.

In monthly terms, spending was down 0.9 percent from September.

"The figures are a stark indicator of the strain on household budgets even before the Bank of England’s recent interest rate rise," Mark Antipof, Visa's chief commercial officer, said.

The BoE last week increased its benchmark borrowing rate to 0.50 percent from 0.25 percent, despite many private economists warning that high inflation and weak wage growth was already squeezing household spending hard.

A survey published on Monday showed British employers expect to raise pay for their workers only a little despite strong demand for staff and already low unemployment.

Visa said clothing and footwear suffered the biggest fall in October, down an annual 9 percent, as warm weather put shoppers off buying winter clothes. Falls were also seen in other key areas of spending such as on food and drink and recreation and culture which until recently was growing strongly.

Visa said November's so-called Black Friday and Cyber Monday sales would provide a clearer sign of how the Christmas season was shaping up.

The weak data from Visa echoed other surveys which have pointed to a sharp slowdown in spending in October.

Economists polled by Reuters expect official retail sales data, due to be published on Thursday, will show the sharpest fall since March 2013, when Britain’s economy was just starting to emerge from its post-financial crisis lethargy.

 

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日韩一区二区三区免费视频 | 美女福利在线 | 欧美自拍视频 | 九九九国产视频 | 日韩欧美黄 | 欧美精品中文 | 日韩福利在线 | 在线观看免费视频a | 国产精品黄色片 | 大奶毛片| 九色影院 | 欧美又粗又大又长 | 午夜视频在线看 | 这里只有精品视频在线观看 | 精品九九九九 | 福利二区视频 | 久久网址| 亚洲激情成人 | 日韩欧美国产高清 | 国产成人精品视频 | 亚洲精品成人久久 | 神马午夜我不卡 | 日韩精品中文字幕在线 | 亚洲精品综合网 | av免费在线观看网站 | 天天天天天干 | 日韩中出| 天堂精品 | 欧美成人精品一区二区三区 | 蜜臀99久久精品久久久久小说 | 黄色一级片免费观看 | 福利在线看 | 日韩欧美黄色 | 深爱五月激情网 | 亚洲a一区 | 国产日韩欧美成人 | 日本久久高清 | 成人久久久久 | 国产精品福利视频 | 国产精品久久久久久69 | 婷婷综合视频 |