As of September 2020, nearly seven out of ten survey participants in Mexico said that they were planning to spend less on shopping for end-of-year holidays in comparison to what they spend during the same period in 2019. Only 12 percent were planning to increase their holiday expenditures in 2020. As of June of that same year, 35 percent of Mexican respondents reported to have bought more products online.
Intentions regarding holiday shopping amid the COVID-19 pandemic in Mexico as of September 2020
The question posed in the survey was "How do you think your spending for the upcoming seasonal holidays (e.g. Singles Days, Black Friday, Christmas) may change compared with last year?".
The source does not provide the exact number of respondents nor additional information regarding the missing percentage points.
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McKinsey & Company. (October 26, 2020). Intentions regarding holiday shopping amid the COVID-19 pandemic in Mexico as of September 2020 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1188628/consumers-holiday-shopping-spending-intent-mexico/
McKinsey & Company. "Intentions regarding holiday shopping amid the COVID-19 pandemic in Mexico as of September 2020." Chart. October 26, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1188628/consumers-holiday-shopping-spending-intent-mexico/
McKinsey & Company. (2020). Intentions regarding holiday shopping amid the COVID-19 pandemic in Mexico as of September 2020. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1188628/consumers-holiday-shopping-spending-intent-mexico/
McKinsey & Company. "Intentions regarding Holiday Shopping amid The Covid-19 Pandemic in Mexico as of September 2020." Statista, Statista Inc., 26 Oct 2020, https://www.statista.com/statistics/1188628/consumers-holiday-shopping-spending-intent-mexico/
McKinsey & Company, Intentions regarding holiday shopping amid the COVID-19 pandemic in Mexico as of September 2020 Statista, https://www.statista.com/statistics/1188628/consumers-holiday-shopping-spending-intent-mexico/ (last visited November 21, 2024)
Intentions regarding holiday shopping amid the COVID-19 pandemic in Mexico as of September 2020 [Graph], McKinsey & Company, October 26, 2020. [Online]. Available: https://www.statista.com/statistics/1188628/consumers-holiday-shopping-spending-intent-mexico/