Global Consumer Spending to Plunge by 8.6% to $44.3trn in 2020
Jastra Kranjec
October 20, 2020
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The coronavirus pandemic has changed almost every aspect of people’s daily lives, and consumer spending is no exception. The uncertainty of the COVID-19 crisis caused considerable changes in consumer habits, forcing them to cut down their budgets and prioritize spending. According to data presented by StockApps, the coronavirus outbreak is expected to cut global consumer …
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