Easter fails to breathe new life into spending power
24 April 2013
- Consumer spending power remained under pressure in March as weak income growth continues.
- Spending on essential items grew by 2.5%, with price rises on gas and electricity now beginning to feed into bills.
- Consumer concerns towards the wider economy and future discretionary income deepened in March.
- Two thirds (66%) of people have seen no increase to their income over the past 12 months.