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Hot Topic SCIENCE
Hot Topic SCIENCE
General Business
2 mins to read

Petrol price slump boosts retail spending

Card transactions rose 1.1% in August, double what was expected.

Nevil Gibson
Tue, 10 Sep 2019

Lower petrol prices in August persuaded consumers to open up their wallets in a stronger than expected rise in retail card spending.

Though some regard electronic payments as not the most reliable guide to spending trends, the last data showed a 1.1% monthly jump after a period of softness

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Nevil Gibson
Tue, 10 Sep 2019
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Petrol price slump boosts retail spending
General Business,
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