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Spending predictions for consumers in Australia in April 2020 by category

Published by Christopher Hughes, Jul 21, 2020
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

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Source

In cooperation with
McKinsey
Release date

May 2020

Region

Australia

Survey time period

April 24, 2020 to April 26, 2020

Number of respondents

585 respondents

Age group

18 years and older

Supplementary notes

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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