Mother’s Day spend to hit £1.7bn as inflation boosts sales
UK shoppers are expected to spend £1.7bn on Mother’s Day this year, with high inflation meaning they pay “more for less”, according to a report by GlobalData.
Total spend is expected to be 1.1% higher than on Mother’s Day last year, with more than half of consumers intending to purchase a product, but price remains a concern.
As high inflation is driving higher price points, GlobalData said mothers are likely to receive “less impressive” gifts than last year.
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