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Impact of COVID-19 on consumer spending behavior India 2020

In a survey conducted in May 2020, regarding the impact of coronavirus (COVID-19) on consumer spending behavior in India, 38 percent of the respondents showed concern about the pandemic and preferred to hibernate and spend. About 35 percent of the respondents were hit quite hard by the pandemic and as a result decided to cut down their spending by a large extent.

Impact of coronavirus (COVID-19) on consumer spending behavior in India in May 2020

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Source

Release date

June 2020

Region

India

Survey time period

May 2020

Number of respondents

1,046 respondents

Special properties

Among respondents were mostly from urban areas

Method of interview

Online survey

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