Half of UK consumers have reduced their non-essential spending from 2023 to 2024 due to the rising costs of essential items (housing, groceries, and other bills). The increase in essential costs has forced 52 percent of consumers to cut back on non-essential spending.
Share of consumers in the United Kingdom (UK) who changed their spending due to increased essential costs from 2023 to 2024
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KPMG UK. (April 11, 2024). Share of consumers in the United Kingdom (UK) who changed their spending due to increased essential costs from 2023 to 2024 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1465437/changes-in-non-essential-spending/
KPMG UK. "Share of consumers in the United Kingdom (UK) who changed their spending due to increased essential costs from 2023 to 2024." Chart. April 11, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1465437/changes-in-non-essential-spending/
KPMG UK. (2024). Share of consumers in the United Kingdom (UK) who changed their spending due to increased essential costs from 2023 to 2024. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1465437/changes-in-non-essential-spending/
KPMG UK. "Share of Consumers in The United Kingdom (Uk) Who Changed Their Spending Due to Increased Essential Costs from 2023 to 2024." Statista, Statista Inc., 11 Apr 2024, https://www.statista.com/statistics/1465437/changes-in-non-essential-spending/
KPMG UK, Share of consumers in the United Kingdom (UK) who changed their spending due to increased essential costs from 2023 to 2024 Statista, https://www.statista.com/statistics/1465437/changes-in-non-essential-spending/ (last visited August 24, 2024)
Share of consumers in the United Kingdom (UK) who changed their spending due to increased essential costs from 2023 to 2024 [Graph], KPMG UK, April 11, 2024. [Online]. Available: https://www.statista.com/statistics/1465437/changes-in-non-essential-spending/