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Stock impact report

Consumer spending shifts amidst rising cost of living [Yahoo! Finance]

Paysafe Limited Common Shares (PSFE) 
Company Research Source: Yahoo! Finance
Despite the financial pressures brought about by increasing prices, many individuals remain focused on improving their long-term financial health. A survey conducted from May to June 2024, sponsored by Paysafe, highlights these evolving consumer behaviours across Europe, North America, and Central America. Impact of rising expenses on spending patterns The report reveals that one in four people are currently unable to cover their monthly expenses due to rising costs. Over the past year, more than half of those surveyed have increased their spending on essentials such as groceries and utilities, likely driven by global inflation. Despite these challenges, many consumers remain optimistic about their future financial stability, striving to build wealth while managing daily expenses. Generational and regional financial trends The study also examines differences in financial attitudes across various regions and generations. Younger generations are reportedly more focused Show less Read more
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