A survey conducted in India by Rakuten Insight in March 2023 found that 64 percent of respondents between the age of 35 and 44 checked prices before purchasing goods or services during inflation. By contrast, 39 percent of respondents in the same age group stated that they had to cut back on unnecessary spending.
Impact of inflation on consumption habits across India as of March 2023, by age
Characteristic
16 to 24 years
25 to 34 years
35 to 44 years
45 to 54 years
55 years and above
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Rakuten Insight. (April 12, 2023). Impact of inflation on consumption habits across India as of March 2023, by age [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1378489/india-inflation-effect-on-consumption-habits-by-age/
Rakuten Insight. "Impact of inflation on consumption habits across India as of March 2023, by age." Chart. April 12, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1378489/india-inflation-effect-on-consumption-habits-by-age/
Rakuten Insight. (2023). Impact of inflation on consumption habits across India as of March 2023, by age. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1378489/india-inflation-effect-on-consumption-habits-by-age/
Rakuten Insight. "Impact of Inflation on Consumption Habits across India as of March 2023, by Age." Statista, Statista Inc., 12 Apr 2023, https://www.statista.com/statistics/1378489/india-inflation-effect-on-consumption-habits-by-age/
Rakuten Insight, Impact of inflation on consumption habits across India as of March 2023, by age Statista, https://www.statista.com/statistics/1378489/india-inflation-effect-on-consumption-habits-by-age/ (last visited August 25, 2024)
Impact of inflation on consumption habits across India as of March 2023, by age [Graph], Rakuten Insight, April 12, 2023. [Online]. Available: https://www.statista.com/statistics/1378489/india-inflation-effect-on-consumption-habits-by-age/