Consumer outlook at a glance
will have to cut back on non-essential spend
say price will be the top purchasing consideration
will still prioritise environmental sustainability when purchasing a product
are using savings to offset their essential costs
See the key stats and see how organisations can find opportunities in times where consumer confidence appears to be low.
Consumers are increasingly changing how they shop to save money – including switching to cheaper retailers, buying more value or promotional produce, and swapping eating out for meals in. There are opportunities for retailers in 2023.”
Linda Ellett UK Head of Consumer Markets, Retail and Leisure, KPMG
Helping navigate organisational complexity to transform fresh insights into tangible opportunities for long-term growth and competitive edge.
Helping navigate organisational complexity to transform fresh insights into tangible