Consumers and the Economic Outlook: Quarterly Update - UK - March 2017
“Consumer sentiment has remained strong, reflecting growing real wages, low unemployment and, as yet, the absence of any major economic upheaval post-EU vote. When it comes to the impact of the vote, people are relatively positive about the big-picture issues such as the UK’s economic growth, and most feel that it won’t have any real impact on their household income or career prospects.
Consumers’ biggest concern is around what it might mean for the cost of living, and with inflation starting to pick up there is a very real chance of a return to the post-recession income squeeze. There are already early signs of a shift in consumer behaviour in anticipation of price rises in early 2017, and if wage increases do start to lag behind price rises, then this will inevitably start to feed through into people’s spending decisions.”
– Toby Clark, Director of Research, EMEA
This report covers the following areas:
- No real signs of the “Brexit blues” for most consumers…
- …but there are warning signs ahead…
- …particularly among lower-income households
- Prices remain by far the biggest Brexit-related concern
What you get
This market report provides in-depth analysis and insight supported by a range of data. At the same time, introductory and top-level content is provided to give you an overview of the issues covered.
Mintel provides a range of market information, frequently through the category level, including market size and forecasting, complete with market drivers that illustrate the forces that shape a category or market.
Mintel's proprietary consumer research provides our analysts with the attitudinal and behavioral data used to provide valuable insight to topical issues.
Mintel provides overviews of the top brands and manufacturers, and uses consumer research to explore attitudes and reactions to brands, as well as insight into what will resonate with consumers.
Market reports provide appendices of data to support the research and insight produced. Our tables of data are easily manipulated and downloadable to support your research needs and covers factors from consumer attitudes to market forecasts.
* This is a sample representation of the report layout and does not reflect the research included in this report.
Why buy from us?
Our reports will provide you with market data, consumer research and competitive intelligence to succeed in your market.
Buy now and you'll have instant access to the information you need to make the right decisions.
Find out what's next in the markets that matter to you: where opportunities lie and what challenges you will face.
A business Superbrand, Mintel is a source you can trust. We have been defining and refining the Market Intelligence mix since 1972.