Spending cuts expected across most households

9 in 10 households say they’ll be cutting back on spending.

High fuel costs are adding to a dip in consumer confidence according to the latest monitor by the Credit Unions.

While 1 in 3 expect to cut their energy use as prices rise, 1 in 5 says they can’t cut back.

Economist Austin Hughes says that in the face of global uncertainty, things could be worse:

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