According to the survey in Indonesia in 2022, around half of the respondents stated that they would increase their intention to switch to less expensive products to save money. Meanwhile, five percent of respondents would decrease their intention to purchase less expensive products to save money.
Intention to switch to less expensive products to save money among consumers in Indonesia in 2022
Characteristic
Share of respondents
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The survey question was: "Think about 2022. Are you planning to do more, less, or about the same of the following?"
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Figures may not add up to 100 percent due to rounding,
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McKinsey & Company. (December 13, 2022). Intention to switch to less expensive products to save money among consumers in Indonesia in 2022 [Graph]. In Statista. Retrieved September 17, 2024, from https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/
McKinsey & Company. "Intention to switch to less expensive products to save money among consumers in Indonesia in 2022." Chart. December 13, 2022. Statista. Accessed September 17, 2024. https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/
McKinsey & Company. (2022). Intention to switch to less expensive products to save money among consumers in Indonesia in 2022. Statista. Statista Inc.. Accessed: September 17, 2024. https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/
McKinsey & Company. "Intention to Switch to Less Expensive Products to save Money among Consumers in Indonesia in 2022." Statista, Statista Inc., 13 Dec 2022, https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/
McKinsey & Company, Intention to switch to less expensive products to save money among consumers in Indonesia in 2022 Statista, https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/ (last visited September 17, 2024)
Intention to switch to less expensive products to save money among consumers in Indonesia in 2022 [Graph], McKinsey & Company, December 13, 2022. [Online]. Available: https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/
