Consumer Data Reports

GCVA Consumer Report October 2023

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See top-line findings below:

  • 2023 retail forecast raised to 4.4% but growth to drop to 2.5% in 2024 as inflation falls 

  • Gifting sees year-on-year decline in those purchasing...however, gift cards outperform physical gifts  

  • Year-on-year drop in purchasing via work programmes 

  • Digital gift cards continue to outperform physical gift cards

  • Multi-store gift cards see strong performance over September 

  • Experience gift cards bounce back over September 

Download GCVA Consumer Report October 2023

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