Experts Share Seven Tips For Making Your Clothing Go Further As Cost Of Living Crisis Continues
The average UK household spends £58 per month on clothing and footwear according to data from The Office of National Statistics (ONS), roughly 61% lower than the average spend pre-pandemic which stood at £93.60.
Despite the fact that aggregate retail sales have fully recovered from pre-pandemic levels, the ongoing cost of living crisis has caused people to make fewer purchases.
Thus, even if our overall expenditure has grown from before the epidemic, this is attributable to rising prices rather than a rise in the number of purchases.
Additionally, spending on clothing and shoes was actually down 14% year over year … Read the rest