As of the end of April 2020, Australian consumers predicted that their spending would reduce over most categories. In a survey conducted between April 24 and April 26, 80 percent of respondents predicted that spending on restaurants would reduce, compared to three percent who thought it would increase. Elsewhere, 23 percent of respondents estimated that expenditure on groceries would increase, compared to eight percent who thought it would decrease.
Predicted spending over the next two weeks for consumers in Australia as of April 2020, by category
Note: respondents were asked: "Over the next two weeks, do you expect you will spend more, about the same, or less money on these categories than usual?"
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McKinsey. (May 1, 2020). Predicted spending over the next two weeks for consumers in Australia as of April 2020, by category [Graph]. In Statista. Retrieved May 26, 2022, from https://www.statista.com/statistics/1116340/australia-predicted-spending-for-consumers-over-next-two-weeks/
McKinsey. "Predicted spending over the next two weeks for consumers in Australia as of April 2020, by category." Chart. May 1, 2020. Statista. Accessed May 26, 2022. https://www.statista.com/statistics/1116340/australia-predicted-spending-for-consumers-over-next-two-weeks/
McKinsey. (2020). Predicted spending over the next two weeks for consumers in Australia as of April 2020, by category. Statista. Statista Inc.. Accessed: May 26, 2022. https://www.statista.com/statistics/1116340/australia-predicted-spending-for-consumers-over-next-two-weeks/
McKinsey. "Predicted Spending over The next Two Weeks for Consumers in Australia as of April 2020, by Category." Statista, Statista Inc., 1 May 2020, https://www.statista.com/statistics/1116340/australia-predicted-spending-for-consumers-over-next-two-weeks/
McKinsey, Predicted spending over the next two weeks for consumers in Australia as of April 2020, by category Statista, https://www.statista.com/statistics/1116340/australia-predicted-spending-for-consumers-over-next-two-weeks/ (last visited May 26, 2022)
