Cantor: Consumer Spending Falls as Inflation and Debt Rise

Cantor: Consumer spending falls as inflation and debt rise

Americans are cutting back on vacations, entertainment, and major purchases as inflation, debt and weak income growth erode consumer confidence in 2025.

Rising Inflation Knocks Consumer Confidence

Rising inflation, particularly for food, shook consumer confidence this month, according to research by the British Retail Consortium (BRC). Latest BRC-Opinium data shows consumer expectations of the state of the economy over the next three months worsened to -33 in (more…) The post Rising Inflation Knocks Consumer Confidence appeared first on KamCity.

Inflation shakes consumer confidence, data shows – RetailWit

According to BRC-Opinium data, consumer expectations over the next three months of the state of the economy worsened to -33 in July, down from -28 in June. Consumers said: Their personal financial situation worsened to -7 in July, down from -5 in June. Their personal… This story continues at Inflation shakes consumer confidence, data shows Or just read more coverage at Talking Retail

Inflation shakes consumer confidence, data shows

According to BRC-Opinium data, consumer expectations over the next three months of the state of the economy worsened to -33 in July, down from -28 in June. Consumers said: Their personal financial situation worsened to -7 in July, down from -5 in June. Their personal… This story continues at Inflation shakes consumer confidence, data shows Or just read more coverage at Talking Retail

Consumer confidence dips in July as inflation bites

Consumer confidence dipped in July as inflation and economic contraction weighed on household sentiment, new figures from the British Retail Consortium (BRC) show. According to the BRC-Opinium Consumer Sentiment Monitor, expectations for the UK economy over the next three months fell to -33, down from -28 in June. Forecasts for personal finances also declined, from -5 to -7. At the same time, expectations for personal retail spending increased s…

Inflation shakes consumer confidence