In answer to your question, I think we are out of the pandemic catch-up phase—I'll put it that way—due to a number of different factors, but inflationary constraints on consumer spending habits have changed significantly. People now moving toward goods and on to other services has had an impact as well, but in answer to your question, we are largely out of the pandemic catch-up at this point in time.
On December 7th, 2023. See this statement in context.