Report Summary Outline
The rise in interest rates and higher tax payments are hitting young families hard, while at the same time older households are seeing rising pensions and returns on their savings and other investments. The result is that a gulf is opening up in disposable incomes and spending power. This report examines where the impact will be greatest, when it will be felt during the year and examines strategies retailers could take to answer this challenge. It also looks at the potential timing of recovery in the UK consumer economy.
Why buy this report?
- Understand what is happening to consumer spending following the cost of living crisis and rising interest rates;
- Identify which consumer groups will be hardest hit and those who will benefit from current changes during 2024;
- Look at strategies and approaches to minimise loss of sales from these trends and exploit emerging opportunities;
What’s in this report?
The UK Consumer Spending Outlook 2024 by ConsumerCast provides a detailed analysis of consumer spending trends in key areas, looking at what happened in the ‘Golden’ Christmas quarter of 2023 and estimates and forecasts for 2024. It covers overall household spending with detailed forecasts for:
- Food & drink;
- Clothing & footwear;
- Furniture & home goods;
- Online vs. physical retail in food & drink and non-food.
How to buy it
ConsumerCast offers both a Single User Licence (report for use of individual buyer only) and a Multi-User Licence (report for unlimited users within acquiring company). These are priced at £1,500 and £1,800 respectively. Please click on ‘Order Now’ above and provide your client details via the online form provided, as well as specifying which report you are interested in and which version (single/multi-user). You will receive the report in PDF format accompanied by an invoice. Online payment details will be provided.
Please note, in ordering the report, you are agreeing to ConsumerCast’s Terms & Conditions.
