Growth of spending on personal care and car repair was on the negative growth territory for the first time since mid-may - such is one tendency from the TBC Capital’s most recent ‘Tracking the Recovery’ report.
According to TBC Capital, the growth of non-cash spending on personal care dived, currently standing at -58% YoY. “Growth of spending on other consumer goods also sizably down compared to last week, at -25% YoY in the 1-7 December period” – the report from Georgia’s leading Investment Bank said.
The report shows that currently, both, spending on car repair services at -7% YoY and non-cash spending on fuel at -13% YoY are on the negative growth territory; however, for spending on car repair services this negative growth territory comes into sight for the first time since mid-May.
