7mejor.top reveals the forecasts of expenditure and consumption of spaniards in 2022

What are the changes that the pandemic has meant in society with respect to the spending and consumption of Spaniards? What will Spaniards spend more on in 2022?

MADRID, SPAIN, May 20, 2022 /EINPresswire.com/ -- Are people still buying the same products as they did a year ago? Is inflation affecting consumption?

The online shopping guide portal, 7mejor.top, reveals these and other issues.

The pandemic has brought with it many changes in terms of consumption and the habits of society. For example, not being

able to go to the stores physically, it is the stores that go to the consumer. This is summarized in that they prefer to buy quietly from their homes, even lying on the sofa, looking at products they need for day to day and that within 2 or 3 days they ring the bell to receive their purchases.

A notable change when it comes to buying clothes is the sustainability of this garment. Spaniards claim to look more and more at the origin or traceability of the product compared to the previous year.

When it comes to spending, Spaniards prefer to invest their money in leisure and entertainment, either from doors to outside or at home, with the purchase of the best laptops value for money. Food, fashion and household products are the most repeated expenses, including the best robot vacuum cleaner of various brands. However, it should be noted that, the priorities of consumers are travel or bars and restaurants with 30%. Little by little, society is recovering the habits that Spaniards already had before the pandemic.

Thanks to the disappearance of the restrictions of the pandemic and the acceleration of vaccination, the recovery can be increased by the end of this 2022 thanks to private consumption or tourism. We are already seeing how Spanish consumers begin to travel more, especially in places in Spain, such as the Basque Country, Huesca, Badajoz or the Balearic Islands, and are increasingly encouraged to carry out activities abroad, thus disappearing the fear against the blissful virus. In addition to travel, among the priorities to spend, Spaniards also choose to save to buy a house or a car, retire or pay debts.

The end of the year 2021 was marked by a series of difficult events that have affected the supply chain due to carrier strikes. This led to higher costs of supplies, raw materials and therefore, the change of priorities of the Spaniards. According to data from the website 7mejor.top, both searches and conversion, in the consumption of mass products has fallen between 5% - 10%, and is that, now, people study much more prices when buying online.

Inflation lurks in the shopping basket, we are seeing how the prices of products are increasing, such as oil 28.1% more or pasta 15.7% more than previous prices. According to data from the report 'Consumer Trends 2022', Spaniards are becoming more sensitive to change, and that is why they are now looking more at promotions and no longer pay as much attention to top brands, but are looking for a product that is cheaper. Thanks to this, the consumption of private labels has risen; of every 10 euros in the shopping basket, four are white labels.

Among consumers, 22% say that they change supermarkets or places of purchase depending on the promotions and offers that are in the different places and therefore, they do not care to stop buying their favorite brands, opting for cheaper brands and that does not make the shopping cart more expensive.

Another issue to analyze why consumption has been affected is the war in Ukraine and Russia. The war has changed the Spanish consumer landscape. This is due to the impact that the high rate of inflation has on private spending. To this, the rise in energy costs and fuel is added. In February 2022, inflation reached 7.6% and thus lowered the purchasing power of all Spanish families. By that date, the price of gasoline had also risen to reach 6.5% more than the previous price. This is why consumers choose to use their own cars less and thus change the mode of transport. Therefore, they will choose to use public transport much more than before to travel to workplaces or universities.

In conclusion, everything will depend on different factors that affect society and more the consumption of Spaniards, including the constant change in energy consumption, the result of the crisis of the war in Ukraine or the escalation of prices in energy and food. What is clear is that inflation is playing a very important role in the spending and consumption of Spaniards.