Climate Change, Cost of Living and Spending Top The Bill For Global Consumers – EY Future Consumer Index
Seven in ten (71%) consumers plan to delay purchases until festive sales events More than half (54%) consumers plan to spend less to save money Close to half (46%) of consumers very concerned about climate change Older generations more likely to recycle (63%) or use reusable bags (65%), younger generations more likely to check sustainability […]
EY Future Consumer Index: Rising cost of living forces consumers to tighten grip on finances and get creative with sustainability
Consumers prioritising affordability over sustainability for the first time since mid-pandemic in June 2021 Western markets pessimistic on future economic outlook compared to emerging markets Growing challenges for fast fashion and customer retention as 64% of consumers ignore the latest fashion trends Consumers globally are preparing to hunker down for a long financial squeeze, as […]