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flag UK inflation, fueled by higher energy costs, may cut into Christmas spending, Asda's tracker suggests.

flag UK's rising inflation, driven by higher energy costs, may lead to reduced Christmas spending this year, according to Asda's Income Tracker. flag The average household's disposable income dropped by £1.98 in October to £247 per week, with inflation increasing to 2.3%. flag The Centre for Economics and Business Research predicts this will dampen spending power during the festive season, despite more optimistic forecasts from other retailers.

5 months ago
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