Browse By

Spending on DIY and Toys down, but Shoes and Airlines up – New card spend data from Revolut says

The latest consumer spending from Revolut, the global financial super-app with more than 5 million customers in the UK, shows that spending at Toy shops and DIY shops decreased, year on year. Shoe shops saw a 9% increase and the number of customers shopping there, and airlines have seen a 24% increase in consumer spending, but a 16% decrease in customers, year on year.

Toy shops:
Spending overall has decreased 6%, year on year
Number of customers spending has increased 0.35%, year on year
Spending has decreased 7% for the average customer, year on year

DIY shops:
Spending overall has decreased 1%, year on year
Number of customers spending has decreased 1%, year on year
Spending has decreased 0.16% for the average customer, year on year

Shoe shops:
Spending overall has increased 9%, year on year
Number of customers spending has increased 9%, year on year
Spending has increased 0.3% for the average customer, year on year

Airlines:
Spending overall has increased 24%, year on year
Number of customers spending has decreased 16%, year on year
Spending has increased 47% for the average customer, year on year

ABOUT REVOLUT’S DATA

Revolut’s UK data draws on its more than 5m customers and their anonymised card spend – in person and online – across the country.

Revolut’s data is used by governments in multiple jurisdictions for analysis and forecasting. For example, in the UK Revolut’s data has been used by the ONS and HM Treasury to improve their understanding of the economic impacts of the pandemic.