Having faced considerable weakness in 2023, the outlook for consumer health and the economy as a whole is improving this year. Factors driving this improvement include expectation of further deceleration in inflation, interest rate cuts, and continued real earnings growth.
The Centre for Economics and Business Research (Cebr) has produced the following report on behalf of Scottish Friendly.
Household Financial Dilemmas - A Cebr report for MRM and Scottish Friendly April 2024