Consumer confidence stabilises as Gen Z gears up to spend
Consumer confidence stabilised in March following a record low last month, as Gen Z geared up spend.
Expectations around personal spending on retail over the next three months rose from -5 last month to 0, according to the British Retail Consortium (BRC), while expectations around personal spending overall climbed from +4 in February to +11 in March.
Consumer expectations for the broader economy over the next three months edged up to -35 in March from -37 in February.
The BRC’s CEO Helen D
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