Jump in bill anxiety: Many Europeans expect to miss out on payments in the next 12 months
Intrum’s annual European Consumer Payment Report shows that inflation has tightened its grip on European households’ finances. Consumer confidence has fallen to record-low levels, and while most consumers say they are changing their spending habits, three in 10 are struggling to make ends meet and expect to miss one or several utility bills in the upcoming year.Surging inflation has created a wave of financial anxiety as households are struggling to balance their income and expenditure. Intrum’s annual European Consumer Payment Report (ECPR), surveying 24,000 consumers about their financial