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Consumer spending rose 13% in September despite ongoing supply chain issues

October 12, 2021

Via: Charged
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Consumer spending rose 13.3 per cent in September compared to the same period in 2019, however the ongoing supply chain crisis is hampering confidence.

Research from Barclaycard revealed that spending on essential goods increased 14.4 per cent, the highest margin for over two years.

This was mainly driven by supermarket shopping and the surge in demand at the petrol pumps which saw the sharpest growth in fuel spend in over 24 months by 11.1 per cent.

The ongoing heavy goods vehicle (HGV) driver shortage is also making it more difficult for Brits to source some essentials in supermarkets and grocery stores.

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