Wages are rising but will that filter through to an uptick in consumer spending?

By George Arnett12 February 2025

Retailers do not have many reasons to be cheerful right now, but a lift in consumer spending would be a very welcome balm for some of their troubles.

There are some signs that might be on the way, says Debapratim De, director of economic research at Deloitte. “We have a cautiously optimistic story,” he says.

Wages are rising but will that filter through to an uptick in consumer spending?

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