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Spending on essentials drives rebound in UK card spending: ONS

A sharp increase in spending on essential goods helped to drive a rebound in consumer spending on credit and debit cards last week, official data showed on Thursday.

Spending on essentials drives rebound in UK card spending: ONS
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Card spending rose to 108% of its pre-pandemic February 2020 average in the week to June 1, up from 102% in the week to May 25. The "staples" category showed the biggest increase in spending, the Office for National Statistics said.

Read more at Reuters

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