Consumer confidence fell by one percentage point for a second consecutive quarter in Q4 2021, reaching -11%, as consumers started to feel the squeeze of inflation and pockets were hit with higher household bills.

Personal expenditure in the final quarter of 2021 increased for two in five (41%) consumers, up from one in three (36%) in Q3, according to the latest Deloitte Consumer Tracker. Of these, three-quarters (74%) revealed it was due to rising prices.

Job security has risen by 13% year on year, while job opportunities and career progression is up 16% over the same period.