2 monthes ago | By RT
Nearly half of those polled avoid products that are “fun and luxury,” a market research group says
A growing number of Germans are being forced to cut their spending due to inflation and soaring energy costs, a survey by consumer behavior and market research group NielsenIQ shows.
The results indicate 52% of German consumers only buy basic-needs products, while some 30% answered they were shopping less altogether.
Around 44% said they now avoid products “ that are fun and luxury, ” and one in three are trying to reduce restaurant visits, opting instead for cooking at home. Only 10% of...
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