Covid-19 pandemic: The impact on consumer finances

Covid-19 pandemic: The impact on consumer finances

Published today, the European Consumer Payment Report 2020 outlines the financial impact of Covid-19 on private households.

The second wave of the Covid-19 pandemic has forced further government lockdowns, and the pressure continues to increase for both companies and consumers across Europe.

While the world wrestles with the immediate health issues, there have also been significant economic effects in society. The UK edition of the European Consumer Payment Report looks at how consumers have been impacted by the crisis, which groups are most at risk and how the pandemic has changed consumer behaviour.

The full report surveyed more than 24,000 consumers in 24 countries in Europe.

For the full European report visit: Intrum.com/ecpr2020