Nearly Half of Canadians say Household Finances are Worse than Anticipated as Consumer Inflation Concerns Hit Highest Level Since Q2 2022 – TransUnion Study
TransUnion(TRU) Newsfilter·2024-07-09 18:00
52% of Canadian consumers surveyed intend to cut discretionary spending as they navigate a high cost of living, with 86% saying inflation is in their top three household financial concerns, reveals TransUnion's quarterly survey. Q2 2024 TransUnion Canada Consumer Pulse study key findings: 57% of Canadian households said their incomes are not keeping up with the current rate of inflation.38% expect payments for bills and loans to increase over next three months.Over a quarter (27%) of Canadians plan to app ...