According to the survey in Indonesia in 2022, around half of the respondents stated that they would increase their intention to switch to less expensive products to save money. Meanwhile, five percent of respondents would decrease their intention to purchase less expensive products to save money.
Intention to switch to less expensive products to save money among consumers in Indonesia in 2022
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Statistics
McKinsey & Company. (December 13, 2022). Intention to switch to less expensive products to save money among consumers in Indonesia in 2022 [Graph]. In Statista. Retrieved May 19, 2024, from https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/
McKinsey & Company. "Intention to switch to less expensive products to save money among consumers in Indonesia in 2022." Chart. December 13, 2022. Statista. Accessed May 19, 2024. https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/
McKinsey & Company. (2022). Intention to switch to less expensive products to save money among consumers in Indonesia in 2022. Statista. Statista Inc.. Accessed: May 19, 2024. https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/
McKinsey & Company. "Intention to Switch to Less Expensive Products to save Money among Consumers in Indonesia in 2022." Statista, Statista Inc., 13 Dec 2022, https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/
McKinsey & Company, Intention to switch to less expensive products to save money among consumers in Indonesia in 2022 Statista, https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/ (last visited May 19, 2024)
Intention to switch to less expensive products to save money among consumers in Indonesia in 2022 [Graph], McKinsey & Company, December 13, 2022. [Online]. Available: https://www.statista.com/statistics/1365370/indonesia-changing-to-less-expensive-products/