43% Indian consumers record decline in household income: Experian Global
Mumbai: Credit information company Experian on Wednesday said 43 per cent of Indian consumers witnessed a decline in their household income owing to the impact caused by the pandemic. It added that these households were concerned about their well-being. Though this concern was not only restricted to consumers, 53 per cent Indian businesses highlighted health & safety of customers as the biggest challenge.
As part of the Experian Global Insights Report, the credit information company said it’s research shows major shifts in consumer behaviour and business strategy pre- and post-COVID-19.