Article preview: What is the impact on consumer spending of the measures taken to control the spread of Covid-19. As a second-wave of the pandemic emerges in the UK and internationally, it was interesting to read a new briefing note from the Institute for Fiscal Studies (IFS) which looks at how consumer spending has evolved. Their analysis is based on anonymised user data from the Money Dashboard budgeting app, which tracks transactions of app users in real-time. This data is combined with information from local health authorities to look at the impact of Covid-19 cases on spending activity.
How has the Covid-19 pandemic changed our spending habits?
This 559-word blog post looks at the key findings from a new Institute for Fiscal Studies report into consumer spending habits during and after the Covid-19 lockdown. Written on 29th October 2020.
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