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RESEARCH | Staff Reporter, UK
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Hospitality and leisure spending rise by double digits

Brits splurged with meals and evenings out with family and friends.

Consumer spending grew 3.9% year-on-year in January, driven by a 4.1% increase in spending on everyday essentials, with rising prices leading to a strong uplift in supermarket expenditure.

Entertainment remained a bright spot, driven by double digit growth in pubs (12.8%) and restaurants (10.5%), as Brits cured the January blues with meals and evenings out with family and friends.

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