Saturday, January 28, 2023

Most consumers unlikely to spend more because of vaccine: survey By Reuters


© Reuters. FILE PHOTO: Small bottles labeled with “Vaccine” stickers stand near a medical syringe in front of displayed “Coronavirus COVID-19” words in this illustration

BERLIN (Reuters) – The development and availability of a coronavirus vaccine could improve the outlook for the battered tourism industry but it is unlikely to convince consumers to spend more money in the short term, a survey showed on Tuesday.

The survey by research group Dynata asked more than 5,000 people in Germany, France, Britain, the United States and Australia how they would change their behaviour once a COVID-19 vaccine becomes widely available.

Most respondents said they were looking forward to visiting friends or relatives again (61%) and leaving the house more often (53%), the survey showed.

In Germany and Britain, nearly half of respondents said they were looking forward to going on vacation abroad again.

Overall, one in two respondent was looking forward to not having to wear a face mask anymore. But only 12% said they were looking forward to spending more money and to focus less on savings, according to the findings.

During the first wave of the coronavirus pandemic in spring, the saving rate in Germany, for example, doubled to 20% as many consumers had to stay at home and shops were forced to close.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link


Please enter your comment!
Please enter your name here



Related Stories