According to a survey conducted in June 2022 in India, 35 percent of urban respondents cut their expenses on clothes and accessories as the cost of living increased. Other major cost-cutting options among consumers are hobbies, leisure activities, and fuel spending.
Cutbacks on consumer spending in India as of June 2022, by category
Survey question: Over the last six months (i.e., since December 2021), have you been forced to make cutbacks in terms of your household spending on any of the following?
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YouGov. (June 23, 2022). Cutbacks on consumer spending in India as of June 2022, by category [Graph]. In Statista. Retrieved November 01, 2024, from https://www.statista.com/statistics/1326398/india-consumer-spending-cutbacks-by-category/
YouGov. "Cutbacks on consumer spending in India as of June 2022, by category." Chart. June 23, 2022. Statista. Accessed November 01, 2024. https://www.statista.com/statistics/1326398/india-consumer-spending-cutbacks-by-category/
YouGov. (2022). Cutbacks on consumer spending in India as of June 2022, by category. Statista. Statista Inc.. Accessed: November 01, 2024. https://www.statista.com/statistics/1326398/india-consumer-spending-cutbacks-by-category/
YouGov. "Cutbacks on Consumer Spending in India as of June 2022, by Category." Statista, Statista Inc., 23 Jun 2022, https://www.statista.com/statistics/1326398/india-consumer-spending-cutbacks-by-category/
YouGov, Cutbacks on consumer spending in India as of June 2022, by category Statista, https://www.statista.com/statistics/1326398/india-consumer-spending-cutbacks-by-category/ (last visited November 01, 2024)
Cutbacks on consumer spending in India as of June 2022, by category [Graph], YouGov, June 23, 2022. [Online]. Available: https://www.statista.com/statistics/1326398/india-consumer-spending-cutbacks-by-category/
