Consumer and SME Economy report

UK and Germany Spend Insight Report 25 – 31 Jul 2022

In this week’s report, spend in the UK was up 3% versus 2021 (YoY) and up 9% versus 2019 (Yo3Y). Spend in Germany was up 7% YoY and up 16% Yo3Y. In the UK, Travel spend growth remains resilient while High Street and Clothing & Apparel category spend has been lower YoY through July. In Germany, Travel spend remains well above last year and High Street and Clothing & Apparel declines are less significant than in the UK.