Economy
Household spending drops 0.9% in July
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2018/06/621b47d1ae9e4ecfa33ebfbdda1e310a-e1528280286139-780x470.jpg?lossy=1&strip=1&webp=1)
Household spending dropped 0.9% in July due to “disappointing growth” in real earnings, according to Visas’ UK Consumer Spending Index.
The quickest fall in spend was registered in retail categories, decreasing by 1.2% year-on-year, and ecommerce expenditure fell by 0.5% after a marginal rise during June (0.4%).
You'll need to
subscribe to unlock this content. Already subscribed? Login?