Thursday, November 14, 2024

Consumption

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According to a study made by Danske Bank, consumption has been reduced by 9,8% in October compared to the same month last year. We buy less from supermarkets (2% less), from clothing and shoes stores (12-17% less) and we see fewer movies at the cinema (36% less) to give a few examples. The age group that most reduced their consumption is 55 to 64 years olds (6%). This is a good trend as one of the ways to reduce inflation is to buy less. 

Narcis George Matache
Narcis George Matachehttp://www.narcis.dk
Executive Editor and Founder of "Last Week in Denmark".

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