Online shopping drives 2021 consumer spending above pre-pandemic levels

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A surge in online shopping, pet ownership and streaming subscriptions saw consumer spending in 2021 surpass 2019 levels.

Consumer spending across 2021 rose 5.9% in comparison with 2019, according to Barclaycard.

Covid-19 and its associated restrictions limited where shoppers could spend during the year, which led to online spend surging 88% in March 2021 in comparison with 2019, when it accounted for approximately half of all retail spend.

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