Spending intentions on motor vehicles increased strongly by 5.3 per cent, as consumers continued to take advantage of increased imports and stock post-Covid. A slight decline in purchases was offset by increased car loan applications – electric vehicles now account for 8 per cent of sales, up from 1.1 per cent a year ago.
Higher utilities bills saw utilities spending continue to climb, up 7 percent on April last year – the fastest annual pace of growth in utilities…
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