Data: Discretionary income falls in poorest households as cost-of-living crisis deepens

Customer holding receipts in store

The cost-of-living crunch is hitting the UK’s least affluent households the hardest, with discretionary spending among the poorest households already declining.

Discretionary income among the poorest households in the UK declined 5.2% in the month of March – the equivalent of £26 per month – before the increase in energy prices took effect, according to the inaugural Retail Economics-HyperJar Cost of Living Tracker.

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