inflation

Consumers’ Wallets Get Break With Lower Egg Prices
Consumers’ Wallets Get Break With Lower Egg Prices
June 13, 2023  |  Consumer Payments

Eggs have been a major driver of grocery inflation’s persistence, with average prices in recent months rising more than 21% year over year, per the Bureau of...

READ MORE >
Germany Digital Payment Growth May Pause as Country Enters Recession
Germany Digital Payment Growth May Pause as Country Enters Recession
June 13, 2023  |  Digital Payments

Ingrained faith in the physicality of banknotes has long driven German consumer behavior, as cash still accounts for an average 51% of all retail transactions as recently...

READ MORE >
Inflation Slows, but Everyday Essentials Still Pinch Paycheck-to-Paycheck Consumers
Inflation Slows, but Everyday Essentials Still Pinch Paycheck-to-Paycheck Consumers
June 13, 2023  |  Economy

Wall Street is parsing the latest inflation data, gaming the odds of another Fed rate hike — or pause. And while the headline data show...

READ MORE >
A Paycheck-to-Paycheck Consumer Needs Faster Payouts
A Paycheck-to-Paycheck Consumer Needs Faster Payouts
June 13, 2023  |  Real-Time Payments

The popular conception of a household living paycheck to paycheck may be one of poverty. The reality is that a large share of households representing...

READ MORE >
Jobs Numbers Paint Mixed Picture of US Economic Health
Jobs Numbers Paint Mixed Picture of US Economic Health
June 12, 2023  |  Economy

A strong labor market may be softening, confirming consumer hesitancy in returning to previous spending patterns.  Department of Labor figures released Thursday (June 8) noted increased...

READ MORE >
Meat May Be on Chopping Block as Consumers Continue Cost-Cutting
Meat May Be on Chopping Block as Consumers Continue Cost-Cutting
June 12, 2023  |  Consumer Insights

Consumers may be reaching their affordability ceiling when it comes to products such as ham. The meat industry, beleaguered with supply and labor challenges, may...

READ MORE >
Female, Gen X, Middle-Income Shoppers Leading Wave of Spending Cutbacks 
Female, Gen X, Middle-Income Shoppers Leading Wave of Spending Cutbacks 
June 12, 2023  |  Retail

When examining consumer spending habits, top-down numbers may not tell the whole story. Who exactly is spending and who is not is vital data for...

READ MORE >
Nearly 40% of Millennials Turn to Side Hustles to Pay Bills
Nearly 40% of Millennials Turn to Side Hustles to Pay Bills
June 08, 2023  |  Consumer Finance

Even as millennials age into increased financial responsibility, more members of the generation are having trouble making ends meet. Now aged between 27 and 42,...

READ MORE >
Millennial Student Loan Repayments Threaten Amazon, Walmart’s Bottom Line 
Millennial Student Loan Repayments Threaten Amazon, Walmart’s Bottom Line 
June 08, 2023  |  Retail

Millennials with student loans to lose 6.5% of spending power as repayments resume. That’s the headline PYMNTS reported this week and it’s a headline that’s...

READ MORE >