UK card spending slowed last week, ONS says

　　div classBodysc17zpet90 cdBBJodivpLONDON Reuters – British consumer spending on credit and debit cards slowed last week after a rebound the previous week when a public holiday boosted spending, while restaurant reservations also fell, the Office for National Statistics said on Thursday.p

　　pCard spending in the week to May 12 fell to 104 of its prepandemic February 2020 average level, the ONS said, down 6 percentage points from the previous week.pdivdivdiv classBodysc17zpet90 cdBBJodiv

　　pThe card spending figures are neither seasonally nor inflation adjusted. Adjusting for inflation, card spending last week was around 94 of its February 2020 average, according to a Reuters calculation.p

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　　pp Reporting by Andy Bruce editing by David Millikenp

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