GCVA Consumer Report May 2022
Consumer Data Reports
GCVA Consumer Report May 2022
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UK retail spend is forecast to reach £358.9bn in 2022, however inflation will limit spend on nonessential items
Gift purchasing experiences year-on-year dip over April
Physical gifts continued to outperform gift cards over April 2022
Stable demand for self-use, though opportunities exist
Demand for leisure and experience gift cards remains strong