South Korea: expected consumer spending during COVID-19 by category 2020

According to the survey conducted by McKinsey on consumer behaviors during the COVID-19 pandemic in South Korea as of June 2020, more than half of the respondents stated to expect an increase in spending on entertainment at home within the next two weeks. At the same time, roughly 10 percent responded to expect a decrease in their spending on that category of consumer goods.

Expected spending on consumer goods over the next two weeks during the coronavirus pandemic compared to usual in South Korea as of June 2020, by category

Characteristic	Decrease	Stay the same	Increase
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-
-	-	-	-

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Release date

June 2020

More information

Region

South Korea

Survey time period

June 19 to 21, 2020

Number of respondents

606 respondents

Age group

18 years and older

Special properties

matched sample to represent the entire population

Supplementary notes

Original question: “Over the next two weeks, do you expect that you will spend more, about the same, or less money on these categories than usual?”

Values may not add up to 100 percent due to rounding.

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