Impact of inflation on consumption habits in Hong Kong 2023

Published by
Yihan Ma,
Dec 20, 2024
A survey conducted by Rakuten Insight in March 2023 found that 57 percent of respondents in Hong Kong checked prices of products or services before purchasing due of inflation. Moreover, 42 percent of respondents indicated that they had to cut back on unnecessary spending.

Whether inflation changed consumption habits in Hong Kong as of March 2023

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Release date

April 2023

Region

Hong Kong

Survey time period

March 9 to 31, 2023

Number of respondents

3,058 respondents

Age group

16 years and above

Method of interview

Online survey

Supplementary notes

Survey question: Have you noticed a change in your consumption habits due to inflation? choose all that applies.

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