UK Consumer Spending Index March 2020: Consumer spending falls at record pace as COVID-19 outbreak hits the economy

Published date 2020-04-15 15:00
Headline Findings:
• Household spending falls at quickest rate since series began in July 2006 (-12.1% on the year)
• eCommerce and Face-to-Face both see marked drops in expenditure (-13.3% and -11.3% respectively)
• Food & Drink bucks overall trend and sees surge in spend during March amid stockpiling (+20.5%)