, , , , • Consumer spending on utilities fell -12.5 per cent in May following the reduction of Ofgem’s energy price cap in April, , • Spending on home improvement and DIY showed signs of recovery last month, with the sector seeing its strongest performance since August 2023, , • Rent and mortgage costs grew as spending increased 6.3 per cent in May – faster than the 3.6 per cent recorded in April, , • The month-on-month difference in housing costs was marginal (-0.01 per cent), indicating consumers…
, , , , • Consumer spending on utilities fell -12.5 per cent in May following the reduction of Ofgem’s energy price cap in April, , • Spending on home improvement and DIY showed signs of recovery last month, with the sector seeing its strongest performance since August 2023, , • Rent and mortgage costs grew as spending increased 6.3 per cent in May – faster than the 3.6 per cent recorded in April, , • The month-on-month difference in housing costs was marginal (-0.01 per cent), indicating consumers…
