Inflation Trends & Statistics

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Almost half of UK banking customers don’t trust their bank to help them through a recession

Almost half of UK banking customers don’t trust their bank to help them through a recession

Article
Oct 25, 2022

Even though customers are digital-first, they still want some human interaction and more personalized help.

Cutting back on fresh foods and nonessentials is the most common reaction to inflation

Cutting back on fresh foods and nonessentials is the most common reaction to inflation

Article
Oct 25, 2022

The price of groceries has reached a historic high. In August 2022, the US consumer price index found the cost of food was up 11.4% year-over-year (YoY), the largest 12-month increase since May 1979.

In-store shopping will take precedence this holiday season

In-store shopping will take precedence this holiday season

Article
Oct 25, 2022

Consumers prefer to shop in-person this holiday season: Waning COVID-19 concerns and a desire to try before buying will give brick-and-mortar stores a lift this year.

Spotlight: Grocery Inflation

Spotlight: Grocery Inflation

Report
Oct 25, 2022

Our primary research reveals how grocery buyers are responding to inflation.

A bleak economic outlook drives European shoppers to cut back on spending

Article
Oct 24, 2022

Winter is coming for European retailers (both literally and figuratively): With economic conditions worsening, retail sales in the UK and throughout continental Europe are poised to slow this holiday season.

Pinduoduo’s Temu takes an “Everyday is Black Friday” approach to win customers

Article
Oct 24, 2022

Temu bets low prices will be enough to attract shoppers: But the Pinduoduo-owned platform will have to improve the customer experience to turn initial interest into lasting gains

Rapid delivery is at an inflection point

Rapid delivery is at an inflection point

Article
Oct 21, 2022

The rumors of rapid grocery’s demise are exaggerated—but not by much: While startups struggle to make the model profitable, Uber Eats and DoorDash see an opportunity.

The economic headwinds are too strong for an Instacart IPO to overcome

Article
Oct 21, 2022

Instacart puts its IPO plans on ice: With Wall Street looking for safe bets and consumers adjusting their shopping habits, there’s little appetite for an Instacart IPO right now.

Goldman Sachs beats analysts’ estimates, but feels pressure from the economy and its Marcus tribulations

Goldman Sachs beats analysts’ estimates, but feels pressure from the economy and its Marcus tribulations

Article
Oct 19, 2022

Strong fixed-income trading drove revenue, but profits plummeted. The bank hopes restructuring will drive a turnaround.

Banks’ Q3 earnings show they’re preparing for a tough economic climate

Banks’ Q3 earnings show they’re preparing for a tough economic climate

Article
Oct 18, 2022

Personal banking revenues were strong and loan delinquencies remain low, but banks are stockpiling cash for expected loan losses. Investment banking was battered by slow merger and financing activities.

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US Holiday Shopping 2022

US Holiday Shopping 2022

Report
Oct 17, 2022

The 2022 US holiday season outlook is surprisingly strong amid inflation and economic uncertainty, but revenue growth will be easier to come by than profits.

Advertising industry has worst job loss in 19 months

Advertising industry has worst job loss in 19 months

Article
Oct 14, 2022

The ad industry lost 8,700 jobs last month: Legal, tech, and economic issues have created a perfect storm that the industry will struggle to crawl out of.

High-earning consumers gravitate toward Walmart, LVMH as inflation continues to rise

High-earning consumers gravitate toward Walmart, LVMH as inflation continues to rise

Article
Oct 14, 2022

Inflation drives high-income consumers to trade down—and up: Affluent shoppers are spending more at Walmart and Aldi, but a strong dollar is keeping luxury demand robust.

Digital Coupons

Digital Coupons

Report
Oct 05, 2022

Digital coupons can incentivize buying, increase basket sizes, and introduce new customers to a brand. And they are especially important amid economic uncertainty. Scroll through our 10-slide deck for insight on what you need to know now.

Consumers kept spending in August despite hotter-than-expected inflation

Consumers kept spending in August despite hotter-than-expected inflation

Article
Sep 30, 2022

Rising prices aren’t cooling consumer demand: Even with consumer confidence ticking up and wages increasing, there could be storm clouds ahead.

'Housing paralysis' is causing demand for home goods to plummet

'Housing paralysis' is causing demand for home goods to plummet

Article
Sep 23, 2022

Home goods retailers feel the ripple effects of the housing recession: As the housing market slows, so does consumer spending on home-related items such as appliances and furniture.

Fintech Pledge initiative aims to provide financial guidance during UK cost of living crisis

Fintech Pledge initiative aims to provide financial guidance during UK cost of living crisis

Article
Sep 22, 2022

The initiative, launched by Zopa Bank and ClearScore, aims to help UK consumers make better financial choices.

Regional US banks face regulations and EU banks face capital reviews ahead of a hard winter

Regional US banks face regulations and EU banks face capital reviews ahead of a hard winter

Article
Sep 20, 2022

US regional banks have grown to a size where an economic crisis would have lasting impacts. And EU banks are under review for potential energy-related losses.

Inflation is driving digital grocery growth in the US, but there’s more to the story

Inflation is driving digital grocery growth in the US, but there’s more to the story

Article
Sep 19, 2022

Since May 2022, online grocery prices have risen faster than those of any other ecommerce category, per Adobe’s Digital Price Index. In July, the year-over-year price change for online grocery reached 13.4%, a record high for the year.

How Economic Stress and Inflation Are Changing Consumer Behaviors

How Economic Stress and Inflation Are Changing Consumer Behaviors

Report
Sep 15, 2022

Consumers are feeling increasingly uneasy about the economic future. Despite a strong US job market, inflation and a potential recession remain top of mind for many. How are consumers adapting to this uncertain economic climate?

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