Reported about 23 hours ago
The Mastercard Economics Institute predicts consumer priorities for 2025 will focus on affordability and convenience, as detailed by chief economist Michelle Meyer. Key global economic trends include a 3.2% growth in the global economy, with India emerging as a strong market. Meyer highlights a growing interest in 'travel twins'—lesser-known, budget-friendly destinations—indicating a shift towards mindful spending among travelers. Overall, consumer spending is expected to be more balanced, prioritizing experiences without compromising on cost.
Source: YAHOO