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UK consumer spending growth in 2019 to be slowest in six years - EY ITEM Club

UK consumer spending growth in 2019 to be slowest in six years - EY ITEM Club

Britain will see the slowest growth in consumer spending in 2019 in six years, piling even more pressure on retailers, EY ITEM Club forecast on Monday.

  • Shared by Reuters
  • June 24, 2019
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It said it expects spending to rise by 1.6% over last year, although that would be faster than an estimated 1.3% growth in the broader UK economy in 2019.

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