The situation of Kazakhstan consumers is quite specific now

Connect Asia Data learn, and optimize business database management.
Post Reply
Reddi2
Posts: 441
Joined: Sat Dec 28, 2024 7:21 am

The situation of Kazakhstan consumers is quite specific now

Post by Reddi2 »

It is quite possible that such a GDP-digitalization relationship is more relevant in the European context than in Central Asia, where the average GDP per capita is lower. Banking, gastronomy and health services have made the most profits in highly digitalised countries, while the public sector, utilities and insurance have lagged behind. In less digitalised countries, banks and telecom operators have succeeded in maintaining their revenues, while education, retail and health industries have not fared as well. “Belt-tightening” – a trend of saving among consumers According to US consumer research, there is a trend of greater savings among the masses (% of respondents) due to significant price increases and declining incomes.


Most (%) of these savings are in the form of reducing the number or size albania cell phone number list of packages of goods, or delaying purchases (%). () Many consumers plan to increase their spending on essentials and decrease it on less basic items. one of the important factors that had a long-term effect on new consumption habits is the pandemic, which stimulated the active transition of Kazakhstanis to a less familiar digital mode. However, there are other factors that worry consumers: the difficult political situation that has developed in .


The events of January and anti-Russian sanctions have greatly affected both the economy of our country and the concerns of our consumers. Kazakhstan is seeing a similar trend of austerity (% of respondents), particularly noticeable in the middle class . () Many consumers (%) attribute the rapid rise in food prices to the Russian-Ukrainian conflict. While in previous years, Kazakhstanis were more concerned about health issues, now finances are taking center stage. According to the survey, about % of Kazakhstanis' expenses go to food products, and % of this share goes directly to food. The total expenses of Kazakhstani families have increased by .
Post Reply