Webin this article, we draw on our consumerwise research to delve into nine trends shaping the global consumer sector and four imperatives to help consumer.
Webthe expected moderate pace of wage gains is attributed to several factors:
Most workers reported that their pay is not adjusted for inflation ( chart 5 ).
Webour survey results show canadian consumers are notably more pessimistic than their global peers in their expectations for spending in the next six months.
Webwith more cash and muted spending on services, households worked on paying down some consumer debt, now almost 4% lower since the highs of march.
Webwhile our findings rest on several statistical assumptions, there is strong evidence in support of the position that minimum wage strengthens aggregate.
Webaccess data related to wage growth expectations and perceptions according to age, education, income, province, marginalization, and the ability to understand numbers.