Consumers to spend more on groceries in 2022, less on out-of-home occasions

Rob Clapp

An overview of consumers' planned changes in spending in 2022.

Consumers are expecting to spend more on groceries, utilities and education this year, and less on out-of-home occasions, holidays and clothing, according to data from NielsenIQ.

Groceries will see the largest increase in 2022, with a net change in consumer spending of 23%. Utilities (18%) and education (14%) also score highly.

The net change in consumer spending represents the % of consumers who plan to spend more minus the % who are intending to spend less. A positive value indicates more consumers will be increasing spend than decreasing. A negative value indicates a decrease in spend is more...

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