Consumers feel that their personal finance will be impacted for a period of 4-6 months, with 48 percent of consumers feeling that their ability to meet financial ends has been negatively affected during the lockdown, the report titled Change in Consumer Spends during Covid-19, said.
Most of the consumers, surveyed during the report, felt that their expenditure has increased on medical supplies
during the lockdown compared to pre-lockdown period.
During pandemic, most of the people are working from home and their expenditure has increased on the computer, laptop and computer peripherals products followed by fitness and wellness, category, the report added.
People have been shopping online more every day During the lockdown period compared to pre-lockdown with females and consumers aged 55 years and above shopping online more frequently.