Barclays (in the US) citing its in house card spending for merchants categorized as ‘Florists supplies, Nursery Stock and Flowers:
spending from February 1 to 11 was the slowest-developing season for the post-pandemic years
- softer Valentine’s Data flowers spending
- also follows the softer gym spending identified last month
- and overall weakness in the aggregate spending in our consumer credit card data
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Meanwhile, from the ECB:
