The latest Asda Income Tracker published this week. The topics covered include:

• Seventh consecutive quarter where NI household spending power is down, although the magnitude of the drop is falling as inflation slows.
• 17 per month less discretionary income than a year ago.
• The near-term outlook appears more positive, with subsiding inflation and continued wage growth set to support households. Alongside other areas of the UK, Northern Ireland is expected to see a return to annual growth in spending power from Q3 onwards.

Read more here: https://corporate.asda.com/media-library/document/asda-income-tracker-july-2023/_proxyDocument?id=00000189-9128-d144-a9bb-b5ad3c590000

Read Next

Property Awards: Enter now as Openreach named headline sponsor of ‘standout event’ in NI

Posted By: Belfast Telegraph

27th Jul 2023

Read Article