Our current April Insights report based on 31 March data showed an improvement in some 60+ and 90+ arrears trends.
While this is encouraging we still see levels above a year ago, and early signs from our 30 April data suggest that we could see a further deterioration in payment performance.
On the positive side, sales in most segments we measure remain close to 2022 levels, but we cannot ignore the warnings signs and the low business and consumer confidence.
It’s time to ensure you have assessed your credit risks and have monitoring systems in place to minimise your risk in a challenging environment.
Read our latest Market Insights Report here.
Please note that due to the vast amount of data required to produce these reports, most of which is accessed from a multitude of external sources, there is an inevitable time delay in their generation. However we prefer to defer their publication in favour of ensuring greater accuracy.