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Panama: consumer spending growth May 2020, by product category

According to a survey carried out in Panama, 40 percent of respondents spent less money on food and beverage, whereas 22 percent spent more in May 2020. In regard to cleaning supplies, only 19 percent of respondents expressed spending less money on these type of products.
In non-essential products, over 90 percent of respondents, the vast majority, claimed to spent less in alcohol, clothing, electronic devices and perfumes and cosmetics.

Change in consumer spending in Panama in May 2020, by product category

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Sources

Release date

July 2020

Region

Panama

Survey time period

as of July 2020

Age group

18 years and older

Method of interview

Online survey

Supplementary notes

According to the source, the study included a total 7,600 respondents from Costa Rica, Panama and the Dominican Republic. The source does not provide a date of survey. The date provided is the release date.
Some of the figures were calculated by Statista based on data provided by the source.

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