Lumina Intelligence: UK Eating Out - Cautious Consumer Mindset During the Festive Period
Our latest Eating & Drinking Out Panel data highlights a cautious consumer mindset during the festive period, as mixed economic signals shape participation, channel choice and menu preferences. Cautious consumers amidst mixed signals Inflation remains higher than last year, despite lower interest rates, while consumer confidence shows little movement. This has resulted in softer overall participation, with consumers approaching eating-out occasions more selectively during the festive period. Value-led channels gain share Quick service restaurants have recorded the strongest growth in channel share, reflecting demand for convenient and...