Spending power falls as many consumers expect further squeeze post-Budget
18 March 2013
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- Spending power fell back for the second consecutive month in February.
- Growth in spending on food and drink ticked up in February, reaching its highest level for six months.
- Consumer sentiment towards the wider economy remains depressed but continues to gradually improve.
- More than half of consumers (55%) believe the Chancellor’s Budget will leave them with less money to spend each month.