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UK consumer spending increases but trails inflation, according to FT #shorts

Data from Barclays shows an increase in card expenditure but suggests that households continue to cut back on purchases in the face of high energy bills and other cost pressures #ukeconomy #consumerspending #inflation #ukconsumerspending #ukinflation #costoflivingcrisis Produced and edited by Paolo Pascual See if you get the FT for free as a student ( or start a £1 trial: ► Check out our Community tab for more stories on the economy. ► Listen to our podcasts: ► Follow us on Instagram: ... ( read more ) HOW TO: Hedge Against Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing UK Consumer Spending Rises, But Still Lags Behind Inflation Despite a slight increase in UK consumer spending, recent data indicates that it is still lagging behind inflation. The latest figures, released by the Office for National Statistics (ONS), paint a somewhat mixed