Household spending power hits six-month low – supermarket

Household spending power hits six-month low – supermarket

The Asda Income Tracker suggests essential costs increased by 3.9% in August, outpacing year on year income growth of 3.8%.

Asda Income Tracker Shows Household Spending Power Under Pressure

UK household spending power growth slowed to its weakest rate in six months in August as rising essential costs outpaced income growth, according to the latest Asda Income Tracker. The measure, which tracks the amount households have available after paying (more…) The post Asda Income Tracker Shows Household Spending Power Under Pressure appeared first on KamCity.

Asda Income Tracker: Lower-income families facing increased budget pressures

Families are facing renewed financial pressure as rising living costs eat into household budgets, according to Asda’s latest Income Tracker. Households in the UK are dealing with renewed financial pressure…

Household spending power hits six-month low, Asda finds

Low-income families left with a £75 weekly shortfall as spending power growth cools to a six-month low. Read the full story at Retail Sector.