Disposable incomes survey

Asda – every little information helps (or depresses)

In addition to being competitive on price, Asda now tracks disposable spending patterns via it’s Asda Income Tracker report.

In the latest report , which makes gloomy reading, the data confirms what most consumers already know, prices are rising but salaries are not and this is impacting on disposable income. Asda’s report in fact suggest that prices are rising twice as fast as income and, in terms of figures this meansthat average weekly disposable income in the UK has reduced to £165.00 from just under £180.00 over the previous 12 months.

Does this mean that Asda will now start offering 3 for the price of 1 instead of 2 for the price of 1. Let’s hope so…..

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