{"id":118655,"date":"2025-09-10T14:23:56","date_gmt":"2025-09-10T10:23:56","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=118655"},"modified":"2025-09-10T15:36:15","modified_gmt":"2025-09-10T11:36:15","slug":"u-k-consumer-spending-growth-slows-but-remains-above-trend-in-august","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-k-consumer-spending-growth-slows-but-remains-above-trend-in-august\/09\/10\/market-updates\/","title":{"rendered":"Barclays Report: U.K. Consumer Spending Growth Slows but Remains Above Trend in August"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><strong>Consumer spending momentum eases<\/strong><\/p>\n\n\n\n<p><br>U.K. consumer spending rose <strong>2.1% year-on-year<\/strong> in the four weeks ending August 29, according to Barclays\u2019 latest <em>U.K. Spend Trends<\/em> report released on Wednesday.<\/p>\n\n\n\n<p>The figure represents a slowdown from the <strong>2.5% growth<\/strong> recorded in the four weeks ending July 4, but still outpaces the longer-term average growth trend of around <strong>1.5%<\/strong>.<\/p>\n\n\n\n<p><strong>Older consumers and online purchases drive growth<\/strong><br>August\u2019s increase was supported primarily by <strong>older consumers<\/strong>, while younger age groups contributed less. Online purchases outperformed offline spending, highlighting the continued shift toward digital channels.<\/p>\n\n\n\n<p>Discretionary goods and services\u2014covering areas such as leisure, travel, and non-essential retail\u2014outpaced non-discretionary categories, underscoring consumers\u2019 willingness to spend on lifestyle and elective purchases despite lingering economic uncertainty.<\/p>\n\n\n\n<p><strong>Sector highlights<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Digital Content, Home &amp; Electronics, and Other Retail<\/strong> led sector performance.<\/li>\n\n\n\n<li><strong>Clothing Retail<\/strong> extended its positive run with a <strong>2.2% rise<\/strong>.<\/li>\n\n\n\n<li><strong>Fuel, Motoring (excluding fuel), and Hardware &amp; DIY<\/strong> recorded declines, reflecting ongoing consumer caution in essential and home-improvement categories.<\/li>\n<\/ul>\n\n\n\n<p><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consumer spending momentum eases U.K. consumer spending rose 2.1% year-on-year in the four weeks ending August 29, according to Barclays\u2019 latest U.K. Spend Trends report released on Wednesday. The figure represents a slowdown from the 2.5% growth recorded in the four weeks ending July 4, but still outpaces the longer-term average growth trend of around &hellip;<\/p>\n","protected":false},"author":9,"featured_media":45919,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7046],"class_list":["post-118655","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-sterling"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=118655"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118655\/revisions"}],"predecessor-version":[{"id":118659,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/118655\/revisions\/118659"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/45919"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=118655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=118655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=118655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}