Socializing Brits are splashing out on gigs, golf and outings this summer, new data shows

Last month’s lack of sunshine didn’t stop Britons from having a good day out, new data shows.

According to data from Barclays, the hospitality and leisure industry received a boost in July as households spent more on outings, concert tickets and dining out than a year ago.

Entertainment spending was up 15.8 percent year-over-year, driven by spending on pre-release dates for Taylor Swift’s “Eras Tour” and Foo Fighters’ upcoming stadium tour.

While shows and concerts were the main driver, golf clubs, bowling and billiards were also among the fastest growing entertainment categories in July.

Despite the cost of living crisis, Barclays research shows that entertainment remains a priority for many.

One in 10 cut back on other expenses to buy concert and movie tickets, and a similar number said they treated themselves to tickets even though they couldn’t afford it.

Expenditure on gyms was less noticeable in July, while socializing in the summer is at the top of the priority list despite the weather.

Bars, pubs and clubs saw an increase of 7.6 percent, while restaurants – while still in decline – grew from -8.2 percent to -2.5 percent between June and July.

And consumers are unwilling to give up their sunny summer vacation, even with higher inflation, as they spent nearly 40 percent more on flights than last year.

Spending on travel agencies also increased by 7.8 percent over the year.

The inclement weather has increased the popularity of indoor experiences, particularly take-out meals, home recipe packs and take-out meals.

Takeout spending was up 9.2 percent, while subscriptions rose 9.9 percent, though this may have been due to streaming services cracking down on account sharing.

Despite the growth in seasonal purchases, consumer card spending grew 4 percent year-over-year, lagging the consumer price index, which currently stands at 7.9 percent.

It also marked a decline from June’s figure of 5.4 percent as shoppers remain selective about discretionary spending.

Consumers spent significantly less in supermarkets in July than in June, with the figure dropping from 9.8 percent to 5.2 percent over the month.

Food inflation may have eased, but 70 percent of consumers are still looking for ways to lower the cost of their weekly groceries — the highest level this year.

To save money, 35 percent of shoppers buy in bulk to cut costs, while 41 percent shop at multiple supermarkets to find a better offering.

The majority of shoppers have noticed examples of shrinkage inflation in their weekly shop – when supermarkets reduce the size of items but keep the price the same.

Chocolate, crisps and biscuits are cited as the most common items, and a fifth of those who have noticed signs of contraction are switching to other brands.