recoversspendingWorld News

UK card spending recovers to 100% of pre-pandemic level


Investing.com - Financial Markets Worldwide

Please try another search

ReutersEconomic Indicators30 minutes ago (Oct 07, 2021 05:05AM ET)


© Reuters. FILE PHOTO: An employee is seen working behind a protective screen and a sign reading “Card payment only” in a Pret a Manger store that has reopened for delivery and takeaway in Wimbledon, following the outbreak of the coronavirus disease (COVID-19), Lond

LONDON (Reuters) – Spending on payment cards in Britain last week rose to 100% of its pre-pandemic level of February 2020, up from 95% a week earlier, data showed on Thursday.

Separate figures from the Office for National Statistics showed output-per-hour worked, a measure of productivity in the economy, inched up by 0.1% in the second quarter, leaving it 1.7% above its average level in 2019.

Economists say productivity data are likely to be distorted by the effects of the pandemic.

Related Articles

World food prices hit 10-year peak -FAO

World food prices hit 10-year peak -FAO
By Reuters – Oct 07, 2021

PARIS (Reuters) -World food prices rose for a second consecutive month in September to reach a 10-year peak, driven by gains for cereals and vegetable oils, the United Nations…

China Sept forex reserves fall to lowest since April

China Sept forex reserves fall to lowest since April
By Reuters – Oct 07, 2021

BEIJING (Reuters) -China’s foreign exchange reserves fell almost 1% in September from the previous month, official data showed on Thursday, hitting their lowest level since April…

German industrial production slumps on supply chain disruption

German industrial production slumps on supply chain disruption
By Reuters – Oct 07, 2021
1

By Paul Carrel and Rene Wagner BERLIN (Reuters) -German industrial output suffered its steepest drop in August since April last year, due to supply chain disruptions that are…

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

tp

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close