Income and Expenditure

Due to changing global demographics and unfolding financial and environmental concerns, consumption patterns have been evolving over the recent years, accelerating the shift towards more budget-conscious and eco-aware shopping. As changing consumer…

After decades of low inflation, economies, companies and consumers worldwide struggle to cope with the surging cost-of-living crisis. While the costs are proliferating, the expansion in remuneration is slow. This squeeze on living standards leads to…

The US is poised to remain the world’s largest consumer market over the forecast period, due to its sizable population, significant concentration of affluent consumers and a positive economic outlook. However, income inequality is predicted to…

Canada's per capita income is expected to see a modest increase through to 2027. Mid-lifers will continue to lead luxury spending trends. Social class E will experience the fastest growth, while class D will remain dominant. Housing will be the…

As the end of 2021 approaches, almost two years into the COVID-19 pandemic, the emergence and rapid spread of the Omicron coronavirus variant has increased uncertainty and weakened the momentum of the global recovery. This series of quarterly reports…