In 2020, the share of Indian consumers planning to increase their spending in the next six months was the highest among the 36- 45 year old cohort, with a share of 46 percent. The younger 18-25 year old cohort was more reluctant with only a little less than 30 percent planning to increase their spending in the next six months.
Share of consumers intending to increase or decrease spending in the next six months in India in March 2020, by age group
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Topics
Coronavirus (COVID-19) - consumer sentiment and wellbeing in IndiaCoronavirus (COVID-19): impact on the retail landscape in the U.S.Impact of COVID-19 on the global financial marketsCoronavirus (COVID-19): impact on e-commerce in the U.S.Coronavirus (COVID-19) impact on apparel and textiles in EuropeBCG. (April 6, 2020). Share of consumers intending to increase or decrease spending in the next six months in India in March 2020, by age group [Graph]. In Statista. Retrieved May 04, 2024, from https://www.statista.com/statistics/1228732/india-consumer-intention-to-increase-or-decrease-spending-by-age-group/
BCG. "Share of consumers intending to increase or decrease spending in the next six months in India in March 2020, by age group." Chart. April 6, 2020. Statista. Accessed May 04, 2024. https://www.statista.com/statistics/1228732/india-consumer-intention-to-increase-or-decrease-spending-by-age-group/
BCG. (2020). Share of consumers intending to increase or decrease spending in the next six months in India in March 2020, by age group. Statista. Statista Inc.. Accessed: May 04, 2024. https://www.statista.com/statistics/1228732/india-consumer-intention-to-increase-or-decrease-spending-by-age-group/
BCG. "Share of Consumers Intending to Increase or Decrease Spending in The next Six Months in India in March 2020, by Age Group." Statista, Statista Inc., 6 Apr 2020, https://www.statista.com/statistics/1228732/india-consumer-intention-to-increase-or-decrease-spending-by-age-group/
BCG, Share of consumers intending to increase or decrease spending in the next six months in India in March 2020, by age group Statista, https://www.statista.com/statistics/1228732/india-consumer-intention-to-increase-or-decrease-spending-by-age-group/ (last visited May 04, 2024)
Share of consumers intending to increase or decrease spending in the next six months in India in March 2020, by age group [Graph], BCG, April 6, 2020. [Online]. Available: https://www.statista.com/statistics/1228732/india-consumer-intention-to-increase-or-decrease-spending-by-age-group/