Barclays Report: UK Consumer Card Spending Rose 0.9% in March, Below 3.4% CPIH Inflation Rate
💳 In March, consumer card spending rose 0.9% year-on-year, down from February's 1.0% and below the 3.4% CPIH inflation rate. Essential spending grew by 0.5% after declining since July 2025 (0.3%), driven by rising fuel prices. Discretionary spending growth slowed to 1.1%, with travel experiencing a 3.3% decline, marking its first decrease since 2021.
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