Concerns over economic downturn persist in ASEAN amid inflationary environment while digital banking and payment channels usage showed encouraging trajectory based on latest UOB Consumer Sentiment Study
UOB’s flagship ASEAN Consumer Sentiment Study (ACSS) 2023 has found that rising inflation and increased expenses fuelled fears of an economic downturn in ASEAN, while adoption and usage of digital banking and payment channels saw ebullient growth. Over 70 per cent of respondents of UOB’s ACSS 2023 said they expect their country to experience an […]