Consumer Edge：2025年全球消费者状况展望报告（英文版）

For 2024Q3, shoppers in Spain and the UK had the only acceleration in year over year spend growth (Charts 1 and 2). These are the two countries with the largest y/y declines in spend growth, so the upward trend is shifting them back inline with the other countries in our coverage. Improving macroeconomic conditions in both countries are driving this inflection, making the trend likely to continue through the holiday season and into 2025.