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Potential Hikes In Prices, Fate Of NHS, Have British Consumers On Edge

May 19, 2017: 12:00 AM EST
Mintel consumer research finds that Britons are worried about the prospect of higher prices of goods and services, including food, vacations and clothing. Eighty-three percent worry about price hikes generally, and 59 percent worry about more expensive groceries. With the impact of Brexit still largely unknown yet looming, and despite concerns about rising prices,  consumer confidence remains relatively strong. People still expect their personal finances to hold up well over the next year. However, the fate of the National Health Service (NHS) and the nation’s economy worry consumers.
"Britain braces itself for price hikes: 83% fear price rises on goods and services", News release, Mintel, May 19, 2017, © Mintel Group Ltd.
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