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Lower-income consumers will start tightening their belts by trading down to private label goods in 2022, analysts say

By: MarketWatch

March 31, 2022 at 11:11 AM EDT

RBC Capital Markets forecasts spending shifts based on consumer income brackets, with lower-income shoppers spending more on value products this year

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Financial News

Lower-income consumers will start tightening their belts by trading down to private label goods in 2022, analysts say

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