Consumer Pulse

The Consumer Pulse came in at 51.3 in June 2022, down 4.1 on May and 24.8 lower than a year ago. The series posted its joint second lowest reading this month, with households taking a more downbeat view of the economy in particular. And as consumer price inflation has accelerated, so has the share of households reporting that they are ‘just making ends meet’. This stood at a third in June’s survey (up from a quarter at the start of the year), albeit with some dispersion – the figure for those at the lower end of the income distribution was 51% versus 14% at the upper end.