TCC Macro Research Division · February 2026 · 7 min read
Household budget stress is broadening beyond lower-income cohorts into early-career middle-income segments.
Estimated Essentials Inflation
4.9%
YoY, Jan 2026
Wage Growth
3.2%
Median, formal sector
Savings Rate Change
-2.1ppt
2025 to 2026E
How Regulatory Headwinds Are Rewriting Platform Unit Economics
February 2026
Why Utilization Metrics Now Matter More Than Gross Order Growth
January 2026
Transmission Effects Across Credit, FX, and Risk Assets
January 2026