
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.