According to the findings of a study conducted with global consumers between January and February 2022, consumers mostly started purchasing less as a response to the rising consumer goods prices. Across all consumer goods categories, purchasing less was the most frequently taken action. Overall, the category that was impacted by rising prices and changing consumer behavior the most was clothing and accessories.
Actions consumers took when purchasing consumer products in response to rising prices worldwide in February 2022, by category
* consumers across the US, Canada, Mexico, Brazil, Argentina (new), Chile (new), UK, Germany, France, Italy, Spain, Denmark, Finland, Sweden, Norway, Australia, New Zealand, Japan, China, India, Indonesia, Thailand (new), Saudi Arabia, South Africa
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EY. (March 17, 2022). Actions consumers took when purchasing consumer products in response to rising prices worldwide in February 2022, by category [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1302965/inflation-response-consumer-actions/
EY. "Actions consumers took when purchasing consumer products in response to rising prices worldwide in February 2022, by category." Chart. March 17, 2022. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1302965/inflation-response-consumer-actions/
EY. (2022). Actions consumers took when purchasing consumer products in response to rising prices worldwide in February 2022, by category. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1302965/inflation-response-consumer-actions/
EY. "Actions Consumers Took When Purchasing Consumer Products in Response to Rising Prices Worldwide in February 2022, by Category." Statista, Statista Inc., 17 Mar 2022, https://www.statista.com/statistics/1302965/inflation-response-consumer-actions/
EY, Actions consumers took when purchasing consumer products in response to rising prices worldwide in February 2022, by category Statista, https://www.statista.com/statistics/1302965/inflation-response-consumer-actions/ (last visited December 30, 2024)
Actions consumers took when purchasing consumer products in response to rising prices worldwide in February 2022, by category [Graph], EY, March 17, 2022. [Online]. Available: https://www.statista.com/statistics/1302965/inflation-response-consumer-actions/
