"Even though global inflation is coming down, many consumers are still feeling stretched due to high essentials costs.”

Martim Avillez Oliveira, ESW's chief revenue officer, commented on findings from an ESW survey that showed while “holiday budgets are increasing for the consumer, high prices, especially when it comes to essentials, is prompting half of consumers to cut back on holiday spend.” Read the story, “While Holiday Budgets Increase Many Consumers Cutting Back on Gift Spend.”