A survey conducted in Singapore by Rakuten Insight in March 2023 found that 64 percent of respondents between the age of 25 and 34 checked prices before purchasing goods or services during inflation. By comparison, 57 percent of respondents in the same age group stated that they had to cut back on unnecessary spending.
Impact of inflation on consumption habits in Singapore as of March 2023, by age
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Rakuten Insight. (April 12, 2023). Impact of inflation on consumption habits in Singapore as of March 2023, by age [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1379312/singapore-inflation-effect-on-consumption-habits-by-age/
Rakuten Insight. "Impact of inflation on consumption habits in Singapore as of March 2023, by age." Chart. April 12, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1379312/singapore-inflation-effect-on-consumption-habits-by-age/
Rakuten Insight. (2023). Impact of inflation on consumption habits in Singapore as of March 2023, by age. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1379312/singapore-inflation-effect-on-consumption-habits-by-age/
Rakuten Insight. "Impact of Inflation on Consumption Habits in Singapore as of March 2023, by Age." Statista, Statista Inc., 12 Apr 2023, https://www.statista.com/statistics/1379312/singapore-inflation-effect-on-consumption-habits-by-age/
Rakuten Insight, Impact of inflation on consumption habits in Singapore as of March 2023, by age Statista, https://www.statista.com/statistics/1379312/singapore-inflation-effect-on-consumption-habits-by-age/ (last visited November 22, 2024)
Impact of inflation on consumption habits in Singapore as of March 2023, by age [Graph], Rakuten Insight, April 12, 2023. [Online]. Available: https://www.statista.com/statistics/1379312/singapore-inflation-effect-on-consumption-habits-by-age/
