Lloyds Bank

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.
Read full press release