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September bounce in consumer spending lifts weaker Q3 growth according to card expenditure data

September bounce in consumer spending lifts weaker Q3 growth according to card expenditure data

Consumer spending on cards rallied in September providing a strong end to an otherwise weaker quarter, according to Visa Europe’s UK Expenditure Index. Card spending grew year-on-year for the fifth successive quarter, although the pace of expansion was the slowest of 2010 so far. The rate of growth at 7.9% for Q3 compared with a [...]

The post September bounce in consumer spending lifts weaker Q3 growth according to card expenditure data appeared first on Payments Cards & Mobile.

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