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Link to original content: http://fr.statista.com/statistics/1379528/south-korea-inflation-caused-consumption-habit-changes/
South Korea: inflation caused consumption habit changes 2023 | Statista

Inflation caused consumption habit changes in South Korea 2023

Published by
Nina Jobst,
Apr 20, 2023
According to a survey by Rakuten Insight conducted in March 2023 on inflation in South Korea, almost one in two respondents answered that they now checked prices before purchasing something. Another close to 48 percent stated they cut back on unnecessary expenses.

Change in consumption habits due to inflation in South Korea as of March 2023

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Release date

April 2023

Region

South Korea

Survey time period

March 9 to 31, 2023

Number of respondents

6,867 respondents

Age group

16 years and older

Supplementary notes

Original question: "Have you noticed a change in your consumption habits due to inflation? (choose all that apply)".

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