In January, growth of non-cash spending by non-residents, through TBC Bank’s channels, significantly exceeded the 2019 level, by 40%.
However, marginal drop is observed in 1-6 February period (33%), - according to the report issued by TBC Capital.
In the first month of 2022, non-cash spending by residents on grocery & pharmacy more than doubled relative to 2019(+35% YoY). During 1-6 February increasing dynamics continued and totaled 149%, relative to 2019.
In January, non-cash spending on categories excluding grocery and pharmacy increased by 106% compared to 2019 (42% YoY).
Compared to 2019, through TBC Bank’s channels, growth of non-cash spending in hotels amounted 45% in January. However, marginal drop is observed in the first week of February, totaling 32%.
In the first month of 2022, non-cash spending in restaurants & cafes doubled relative to 2019 and totaled 108%. In 1-6 February period,
growth of non-cash spending in restaurants decreased.
In January, non-cash spending on apparel doubled compared to 2019. Marginal decline is observed in the first week of February, relative to 2019.
Non-cash spending on entertainment exceeds the 2019 level by 13%. However, sizeable drop is visible in 1-6 February period.
Relative to 2019, growth of non-cash spending on fitness noticeably decreased in January and amounted 33%.
In January, non-cash spending on furniture & appliances more than doubled compared to 2019. In 1-6 February period the growth of noncash spending on furniture remained stable and amounted 173%.
In January, non-cash spending on electronics more than doubled, with growth totaling 106% relative to 2019. In the first week of February higher growth is observed.
In the first month of 2022, growth of non-cash spending on personal care significantly increased and amounted 116%, relative to 2019.
In January, non-cash spending on car repair more than doubled, compared to 2019 and amounted 143%. Relative to 2019, in the first week of February, non-cash spending on car repair slightly decreased and amounted 118%.
Growth of non-cash spending on fuel & transport stood above 100% relative to 2019, in January. Non-cash spending on fuel in February marginally decreased, relative to 2019.
For non-cash spending on doctor visits high growth was observed relative to 2019. In January growth amounted 130%, however marginally decreased in 1-6 February period and totaled 116%.
Compared to 2019, non-cash spending on medical equipment increased by 92%. In February, growth of non-cash spending remains stable.
