During an early 2023 survey among marketing leaders from for-profit companies in the United Kingdom, slightly more than 56 percent of the respondents said that inflationary pressures decreased their marketing spending levels. Approximately 14 percent of responding marketing leaders stated that inflationary pressures increased their marketing spending levels. On the other hand, around 30 percent of the respondents said that inflationary pressures didn't affect their marketing spending levels.
Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023
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The CMO Survey. (March 24, 2023). Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023 [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1377088/influence-inflationary-pressures-marketing-budgets-uk/
The CMO Survey. "Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023." Chart. March 24, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1377088/influence-inflationary-pressures-marketing-budgets-uk/
The CMO Survey. (2023). Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1377088/influence-inflationary-pressures-marketing-budgets-uk/
The CMO Survey. "Influence of Inflationary Pressures on Marketing Budgets in The United Kingdom as of February 2023." Statista, Statista Inc., 24 Mar 2023, https://www.statista.com/statistics/1377088/influence-inflationary-pressures-marketing-budgets-uk/
The CMO Survey, Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023 Statista, https://www.statista.com/statistics/1377088/influence-inflationary-pressures-marketing-budgets-uk/ (last visited December 23, 2024)
Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023 [Graph], The CMO Survey, March 24, 2023. [Online]. Available: https://www.statista.com/statistics/1377088/influence-inflationary-pressures-marketing-budgets-uk/