Consumer and SME Economy report

UK and Germany Spend Insight Report 29 Aug – 04 Sep 2022

In this week’s report, spend in the UK was up 1% versus 2021 (YoY) and up 7% versus 2019 (Yo3Y). Spend in Germany was up 11% YoY and up 9% Yo3Y. In the UK, Music Streaming Services spend is significantly higher YoY. Spend on Airlines has fallen below 2019 levels while Food & Beverage and Grocery spend are in line with last year. In Germany, Food & Beverage spend has reduced while Grocery spend has improved. Music Streaming Services spend is up by over a fifth YoY and Airlines and Travel & Tourism spend has reduced.