A report released by Deloitte shows that Indian consumer spending has improved from April 2020 to February 2021 on, in general, discretionary spending. However, there was a noticeable shift towards health and well-being products, and less on discretionary items. Other noticeable changes also included less spending on groceries and increased savings.
Change in consumer net spending intention during COVID-19 pandemic in India between 2020 and 2021, by category
Characteristic
Apr. 2020
Feb. 2021
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First four weeks vs. last four weeks of survey. The survey question was on how much consumers planned to spend over the next four weeks compared to the previous four.
Specific type of survey was not mentioned by the source.
Survey has been capturing responses of these individuals every alternate weeks since April, 2020.
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Deloitte. (February 24, 2021). Change in consumer net spending intention during COVID-19 pandemic in India between 2020 and 2021, by category [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1215181/india-change-in-consumer-net-spending-intention-during-covid-19-pandemic-by-category/
Deloitte. "Change in consumer net spending intention during COVID-19 pandemic in India between 2020 and 2021, by category." Chart. February 24, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1215181/india-change-in-consumer-net-spending-intention-during-covid-19-pandemic-by-category/
Deloitte. (2021). Change in consumer net spending intention during COVID-19 pandemic in India between 2020 and 2021, by category. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1215181/india-change-in-consumer-net-spending-intention-during-covid-19-pandemic-by-category/
Deloitte. "Change in Consumer Net Spending Intention during Covid-19 Pandemic in India between 2020 and 2021, by Category." Statista, Statista Inc., 24 Feb 2021, https://www.statista.com/statistics/1215181/india-change-in-consumer-net-spending-intention-during-covid-19-pandemic-by-category/
Deloitte, Change in consumer net spending intention during COVID-19 pandemic in India between 2020 and 2021, by category Statista, https://www.statista.com/statistics/1215181/india-change-in-consumer-net-spending-intention-during-covid-19-pandemic-by-category/ (last visited July 22, 2024)
Change in consumer net spending intention during COVID-19 pandemic in India between 2020 and 2021, by category [Graph], Deloitte, February 24, 2021. [Online]. Available: https://www.statista.com/statistics/1215181/india-change-in-consumer-net-spending-intention-during-covid-19-pandemic-by-category/
