During a survey held in early 2023, two-thirds of responding marketing leaders from the mining construction industry in the United Kingdom (UK) said inflationary pressures are increased their marketing spending levels. Respondents from healthcare firms followed with 50 percent. On the other hand, more than 70 percent of the responding marketing leaders from service consulting companies stated that inflationary pressures decreased their marketing spending levels.
Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023, by industry
Industry
Yes, inflationary pressures are increasing marketing spending levels
Yes, inflationary pressures are decreasing marketing spending levels
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The CMO Survey. (March 24, 2023). Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023, by industry [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1377215/influence-inflation-marketing-budgets-uk/
The CMO Survey. "Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023, by industry." Chart. March 24, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1377215/influence-inflation-marketing-budgets-uk/
The CMO Survey. (2023). Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023, by industry. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1377215/influence-inflation-marketing-budgets-uk/
The CMO Survey. "Influence of Inflationary Pressures on Marketing Budgets in The United Kingdom as of February 2023, by Industry." Statista, Statista Inc., 24 Mar 2023, https://www.statista.com/statistics/1377215/influence-inflation-marketing-budgets-uk/
The CMO Survey, Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023, by industry Statista, https://www.statista.com/statistics/1377215/influence-inflation-marketing-budgets-uk/ (last visited December 23, 2024)
Influence of inflationary pressures on marketing budgets in the United Kingdom as of February 2023, by industry [Graph], The CMO Survey, March 24, 2023. [Online]. Available: https://www.statista.com/statistics/1377215/influence-inflation-marketing-budgets-uk/