More than a quarter of the people in Germany are attributed according to a survey with long-term effects of Coronavirus-crisis on their consumption behavior.

Would be the crisis in three months, would spend 28 percent of the respondents, then, still less, such as from a representative consumer survey conducted by the consulting firm Boston Consulting Group (BCG) shows.

The same number also expects that their purchase behavior after at least a year to normal, if not even completely changes.

A third of the respondents can imagine to have after a couple of months back, the buying behavior before the crisis.

“the fact that a majority of respondents spending a normalization of consumption, if at all, only after a couple of months expected, it shows that a great deal of uncertainty with regard to the financial consequences of Covid-19 is for the household budget,” said Jessica Distler of BCG.

in the face of output constraints, most of the people give according to the survey, currently less money for restaurant visits (91 per cent), leisure activities (91) and travel (82).

Also in stores, a majority (62 percent) of respondents cut their spending already, moved or completely deleted.

For stationary retail, it might look like after the crisis, however, the better: according to The survey, the majority of respondents are tied up only temporarily the purse close.

Of those who already spend less money in stores, said 60 percent to make the only temporarily, until the crisis is over. A further 20 percent want to save money for an upcoming recession. Of all the respondents, 80 percent believe in a economic downturn due to the Coronavirus.

For the survey respondents, BCG by 27. March up to 30. March 3085 in Germany living people.

Deutsche Presse-Agentur (dpa)

*The post “survey: Coronavirus could consumer behaviour in the long term, will change” published by FitForFun. Contact with the executives here.

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