inflation

British Consumers Expect Inflation to Slow
British Consumers Expect Inflation to Slow
May 01, 2023  |  International

British consumers are feeling more optimistic about inflation. Consumers said in April that they expect inflation to be 5.2% a year from now, a figure...

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Credit Card Charge-Offs Creep Up in March
Credit Card Charge-Offs Creep Up in March
April 30, 2023  |  Credit Cards

Credit card charge-offs reportedly crept up in March as consumers struggle to pay bills. On paper, the overall average rate of credit card delinquencies and...

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Consumer Sentiment Predicts Prolonged Economic Turbulence
Consumer Sentiment Predicts Prolonged Economic Turbulence
April 30, 2023  |  Consumer Insights

Government data confirms what consumers already know: Market and Main Street stabilization may be further off than previously thought. The Bureau of Economic Analysis (BEA)...

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Economic Data Shows Inflation Still Threatens Discretionary Spending
Economic Data Shows Inflation Still Threatens Discretionary Spending
April 28, 2023  |  Economy

Inflation is cooling, but its stubborn entrenchment is leading consumers to reconsider where and even whether to spend their dollars. The Bureau of Economic Analysis...

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Consumer Spending Flattened in March While Prices Continued to Rise
Consumer Spending Flattened in March While Prices Continued to Rise
April 28, 2023  |  Economy

Consumer spending flattened in March while prices continued to rise. The personal consumption expenditures (PCE) price index, excluding food and energy, rose 0.3% from the...

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RV Marketplace Outdoorsy Sees Record Bookings and 76% New Users
RV Marketplace Outdoorsy Sees Record Bookings and 76% New Users
April 28, 2023  |  Travel Payments

As peak summer travel season closes in fast and with flights, hotels and restaurant prices all inflated, more people are opting to ditch that model...

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Capital One Reports Quarterly Lending Decreases Across the Board
Capital One Reports Quarterly Lending Decreases Across the Board
April 27, 2023  |  Earnings

Capital One Financial’s latest results show that, like consumers, it isn’t immune to the market. “We are expecting inflation to impact consumer credit by depressing...

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Mondelēz: Chocolate Sales Jump 18% as Consumers Seek Affordable Comforts
Mondelēz: Chocolate Sales Jump 18% as Consumers Seek Affordable Comforts
April 27, 2023  |  Earnings

Amid consumers’ economic anxieties, Mondelēz is seeing chocolate sales rise significantly. Chicago-based multinational snack and confectionery giant Mondelēz International, parent company of a wide range of popular...

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Food Delivery Services Drive Adoption with Baby Boomers by Sweetening Discounts
Food Delivery Services Drive Adoption with Baby Boomers by Sweetening Discounts
April 27, 2023  |  Delivery

As food aggregators see older consumers lag in adoption, discounts can help close the gap. By the Numbers Data from PYMNTS’ new exclusive report “Connected...

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