According to a 2023 survey by Rakuten Insight on inflation in Malaysia, around 71 percent of respondents between the age of 16 and 24 years indicated that they checked prices before buying due to the increase in prices. Moreover, around 56 percent of both survey participants above the age of 55 years admitted they had to cut back on unnecessary expenses.
Change in consumer habits due to inflation in Malaysia as of March 2023, by age group
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Rakuten Insight. (April 12, 2023). Change in consumer habits due to inflation in Malaysia as of March 2023, by age group [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1380312/malaysia-inflation-impact-on-consumer-behavior-by-age-group/
Rakuten Insight. "Change in consumer habits due to inflation in Malaysia as of March 2023, by age group." Chart. April 12, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1380312/malaysia-inflation-impact-on-consumer-behavior-by-age-group/
Rakuten Insight. (2023). Change in consumer habits due to inflation in Malaysia as of March 2023, by age group. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1380312/malaysia-inflation-impact-on-consumer-behavior-by-age-group/
Rakuten Insight. "Change in Consumer Habits Due to Inflation in Malaysia as of March 2023, by Age Group." Statista, Statista Inc., 12 Apr 2023, https://www.statista.com/statistics/1380312/malaysia-inflation-impact-on-consumer-behavior-by-age-group/
Rakuten Insight, Change in consumer habits due to inflation in Malaysia as of March 2023, by age group Statista, https://www.statista.com/statistics/1380312/malaysia-inflation-impact-on-consumer-behavior-by-age-group/ (last visited November 19, 2024)
Change in consumer habits due to inflation in Malaysia as of March 2023, by age group [Graph], Rakuten Insight, April 12, 2023. [Online]. Available: https://www.statista.com/statistics/1380312/malaysia-inflation-impact-on-consumer-behavior-by-age-group/
