Jenni Matthews’ Post

View profile for Jenni Matthews, graphic

Insights, PR & Content Strategist | Driving Engagement Through Data-Driven Insights for Retail, Residential, Commercial Property, and Social Housing

🎄Day 6 | Consumers start to trade up as cost-of-living pressures ease🎄 In Partnership with Retail Economics 💷 As we hit the halfway point in our 12 Days of Insights series we take a closer look at how cost-of-living pressures are beginning to ease, and consumer habits are once again shifting. While 42% are still cutting back, this is a sharp drop from 79% earlier in the year. However a key takeaway is that 18–24-year-olds are leading the way in trading up to premium brands and increasing purchases, signalling an improvement in financial confidence. ⬇️ Curious about these insights? Sign up here to access MRI Software's free daily benchmarks and stay ahead of the curve! https://lnkd.in/eawsqppD Josh Holmes | Richard Lim #FestiveInsights #RetailInsights #RetailTrends #Christmas2024

To view or add a comment, sign in

Explore topics