Deloitte: Concern Around Rising U S Prices is not Fading and Likely Weighs on Americans Sense of Financial Well-being hospitalitynet.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hospitalitynet.org Daily Mail and Mail on Sunday newspapers.
Article - Deloitte: Americans Still Aren t Thinking About Spending Like They Did Pre-inflation - Roughly 7 in 10 Americans surveyed say they are still concerned about rising prices for everyday purchases, down only slightly from summer 2022 (83%) - when inflation peaked at 9.1%
A survey by Deloitte has found that Indian consumer spending is expected to increase during the festive season, driven by purchases of celebratory items and luxury goods. The survey also revealed that half of the participants believe they can handle unexpected expenses. Consumer spending is set to rise in the short term, particularly in clothing, personal care, and recreation.