UK real income squeeze set to plunge consumers into recession
UK households face a severe squeeze on their finances this year and have limited scope to cushion the blow by saving less. As a result, we expect the consumer sector to drop into recession in H2 2022, although a recovery in real incomes next year should allow spending to rebound strongly.
Download our report to learn:
- When we expect the UK’s consumer sector to drop into recession
- How steep we expect the fall in real disposable income to be
- When we expect real income to recover
- Whether household savings could help cushion the blow
Related Posts
Post
Embedded inflation could significantly erode property values
Downside risks to our near-term outlook for global real estate are mounting, as the global economic outlook has continued to deteriorate over the past three months. Under our baseline scenario, global all-property total returns are expected to average 5.2% pa over 2022-2024, 2.2ppts below our June forecast. However, if inflation were to become embedded, as is the case in our high inflation regime scenario, this would knock returns to 2.1% pa.
Find Out More
Post
Asia: Land values set for largest decline in over a decade
Land values across Asia Pacific are coming under increasing pressure as developers look to preserve margins.
Find Out More