That indicator can represent sluggish consumer demand, which could be a result of stagnant wage growth and uncertainty in the job market. (inc.com)
Commenting Paul Falvey said: «Britain's high street has been struggling for some time, with stagnant wage growth limiting spending power while online retailers have attracted what disposable income there is. (lawyer-monthly.com)
While the economy has picked up from last year, overall spending is being crimped by stagnant wage growth and rising costs for healthcare and education, according to the consultant. (reuters.com)