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Asia-Pacific consumers most worried about economy: poll

Asia-Pacific consumers most worried about economy: poll

Taipei, Aug. 13 (CNA) Economic issues appeared to be on top of the list of concerns for consumers in the Asia-Pacific region, German market research group GfK said Tuesday in presenting the results of a worldwide consumer survey. The survey found that 40 percent of consumers surveyed in the Asia-Pacific area were worried about both recession and unemployment and inflation and high prices, while 33 percent said they were concerned about having enough money to live and pay the bills. While consumers in Singapore, Thailand, China and Indonesia said they were most anxious about inflation, those in Taiwan, Korea and Japan were most worried about recession and unemployment, the survey found. Half of the Australian respondents were primarily concerned about their personal finances, while crime and lawlessness ranked as the top worry in Malaysia, Vietnam and India. "Economic conditions have in most cases stabilized, but there is a significant level of uneasiness around various areas," said Jodie Roberts, regional director for GfK consumer trends. The survey also revealed that Australians, Koreans, and Taiwanese are the most careful spenders in the region as they consciously implement saving strategies. For instance, Australian consumers shop more carefully for daily necessities and postpone purchases until products are on sale, while 73 percent of Koreans and 67 percent Taiwanese have used coupons. The findings were based on GfK's Roper Reports Worldwide, which questioned more than 40,000 consumers aged 15 or over in 28 countries in January or February. Eleven of the countries were in the Asia-Pacific region -- Australia, China, India, Indonesia, Japan, South Korea, Taiwan, Thailand, Singapore, Malaysia and Vietnam. (By Jeffrey Wu)


Updated : 2021-03-06 03:34 GMT+08:00