this rise prices affect purchasing decisions and habits consumption. A study by an online price comparator ideal points to the savings mechanisms that consumers admit to putting into action in the face of loss of purchasing power. especially if you ask what kind of expenses are sacrificed It has been determined that there are common patterns and some product types are sacrificed more than others, while going through periods of economic troubles. ideal He guarantees that 52% of Spaniards won’t make it to the end of the month and has already set up savings mechanisms.
according to the analysis price comparator45% of the respondents said that mobile phones, televisions, computers, etc. confirms that it is the first thing they will do without electronic products, as they have the opportunity to continue using what they already have. Clothing (37%) and shoes (35%) are also affected in the event of uncertainty, completing the top 3 items that Spaniards set aside to give up their purchasing power.
The study concludes that beauty products are also affected in the current recession scenario, as 27% of Spaniards surveyed said they would rule out this product category to spend the money on other more essential products.
“With inflation, shopping list is getting smaller in many homesleaves room for the basics, but there are products that resist either for the pleasure they produce or out of habit,” explains the Idealo report. Only 24% of those surveyed by Idealo conclude that they will stop drinking alcohol despite economic hardship. Likewise, their supermarket cart is less filled than the idealo study Notably, 18% say they buy fewer Food products due to inflation, despite the fact that experts think the food generally has inelastic behavior.
Idealo is part of the publishing group Axel Springer SE since 2006 and is one of the reference online price comparison sites in Europe with over 25 million visits in 2020. More than 11,000 stores. It currently has a staff of more than 1,100 people from all over the world, mostly in Berlin. It operates in 14 countries.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.