Consumer Inflation Sentiment Report news and trends

Millennials Worry Less About Inflation and More About Paying Back Student Loans

July 07, 2023
Payments on student loans will soon resume after the Supreme Court struck down Biden’s loan forgiveness plan — and even those without these loans are concerned.

Related Trends

Inflation may be pushing cash to the end of its life, as fewer consumers now carry it and are finding debit and credit cards more attractive ways to pay.
Most Consumers Now Only Carry Cash Out of Habit
Consumer Payments // June 07, 2023

Inflation may be on a downward trajectory, but consumers do not think so, as perception affects their spending behaviors, prompting them to rethink how they use cash, debit and credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Inflation has pushed consumers to change grocery and retail shopping habits by cutting back on nonessentials and reaching for cheaper, lower-quality goods.
40% of Retail Shoppers Have Switched to Cheaper Merchants to Save Money, Study Finds
Retail // May 05, 2023

Inflation has caused competition in retail and grocery to intensify as businesses fight for a smaller and smaller piece of the revenue pie. More than half of grocery shoppers and more than two-thirds of retail shoppers are cutting back on nonessential spending. PYMNTS’ data shows...

PYMNTS Consumer Inflation Sentiment April 2023 shows that most U.S. consumers expect a recession is coming: Inflation pushes them to buy less-expensive brands as deal chasing is now more critical than brand loyalty.
Brand Loyalty Falters as High Inflation Continues, Study Finds
Consumer Insights // April 05, 2023

High inflation has made consumers cut back on everything but the necessities, and an unexpected characteristic has hit the chopping block: loyalty. PYMNTS’ data finds that about half of shoppers have made changes to where they shop for pricing relief, and approximately two-thirds of consumers...

Deal Chasing Becomes Mainstream — and Merchants Shouldn’t Be Happy
Consumer Finance // March 06, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

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Payments on student loans will soon resume after the Supreme Court struck down Biden’s loan forgiveness plan — and even those without these loans are concerned.
Millennials Worry Less About Inflation and More About Paying Back Student Loans

July 07, 2023
United States consumers take out student loans in hopes that a college education for their children or themselves will contribute to a higher income later in life. The underlying assumption is that the loans they take on and later repay will provide a positive return compared to not having a college education. Get the Full […]

40% of Retail Shoppers Have Switched to Cheaper Merchants to Save Money, Study Finds

May 05, 2023
Inflation has caused competition in retail and grocery to intensify as businesses fight for a smaller and smaller piece of the revenue pie. More than half of grocery shoppers and...

Deal Chasing Becomes Mainstream — and Merchants Shouldn’t Be Happy

March 06, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

60% of Renters Report Financial Health in Jeopardy Over High Housing Costs

February 03, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...