Global consumers are tightening budgets on everyday essentials while strategically splurging on experiences and joy-driven purchases, according to Deloitte’s latest ConsumerSignals report .
The study, tracking over 15 countries, reveals a nuanced picture of financial resilience and restraint as households navigate persistent inflation and economic uncertainty. Financial Well-Being Declines Amid Inflation Concerns Deloitte’s Financial Well-Being Index (FWBI) dipped to 102.4 in February 2025, down from 103.1 in
January, marking the lowest level since mid-2024. This decline reflects growing anxiety over rising costs, with 68% of consumers globally concerned about price hikes for groceries, utilities, and housing. Notably, 74% of low-income households reported cutting back on nonessential spending, compared to 52% of high-income groups.
Spending Intentions Highlight Frugality The Spending Intentions Index, which tracks estimated monthly expenditures, shows: Non-discretionary spending: Up 5.3% year-over-year (groceries, healthcare, transportation). Discretionary spending: Down 2.1% (apparel, electronics, home goods).
Splurge categories: Dining out (+8%), entertainment (+6%), and leisure travel (+9%). “Consumers are adopting a ‘split-brain’ strategy,” says Deloitte lead analyst Clara Mendez.
“They’re scrimping on staples to afford small luxuries that boost morale—like meals out or weekend trips.” Retail: Food Frugality Intensifies The Food Frugality Index (FFI) hit 112.7 in March 2025, its highest level since tracking began in 2022. Key behaviors include: 72% buying in bulk to save costs…
