Summary

Restrictions during lockdowns impacted where we could spend our money, pushing up the proportion of online retail sales to an all-time high. This article analyses RSI, CHAPS, and Revolut data to explore what people were spending their money on from 2020 onwards and whether that spending has changed since the end of restrictions.

Publications

• How our spending has changed since the end of coronavirus (COVID-19) restrictions

  Online shopping, hobbies and habits — the coronavirus (COVID-19) pandemic has had a huge impact on where our money goes. As the cost-of-living increases, we look at what has happened recently to retail and the story behind our financial transactions.

Methodology

• Using Revolut cardholder data to derive real-time indicators of consumer spending QMI

  Quality and methodology information for debit card spending indices derived from aggregated and anonymised Revolut cardholder data. Includes how the data are created and strengths and limitations.

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