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.