European_ConsumerCompass_Q3_2023_WiP06

Savanta Consumer Compass Europe Q3 2023
Eating out has also
suffered due to the
economic downturn,
with net spending levels
down across all markets
Eating Out spend (L12M) Net Spend:
% spending more - spending less
Q4 2022
Q1 2023
Q2 2023
Q3 2023
As with fashion, spending on Eating Out has typically decreased by
most in markets with poor confidence levels – the UK & France.
One exception is the Nordics, where spend is low on Eating Out,
but confidence is high overall. However, spending on Eating Out in
this market has fluctuated minimally and the perceived impact of
inflation is low, suggesting that low spend is a result of social and
cultural trends, rather than the economic environment
All markets have seen improvements in spend over the last 12
months, though levels remain negative
-40
-45
-50
-55
-60
-65
-56 % -55 % -42 % -42 %
-48 % -50 % -50 % -51 % -53 %
-47 %
-50 % -52
-53 % % -56
-57 % -57 % % -57 % -58
-57 % -59 %
% -59 %
-60 % -58 %
-60 % -63 %
-64 %
-57 %
-61 %
Q Eating out: How much, if at all, have you changed your spending on the
following, in the past year?
Base: Total (3,500) (c. 500 per market per wave) *UK – Q4 ‘22, Q1 ’23, Q2
‘23 (c.2000)
Italy Germany Spain Netherlands UK France Nordics
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