The Consumer X-Ray also revealed that average monthly spending on food purchases stayed flat when compared to 2023. #NewsismyBusiness
The Chamber of Food Marketing, Industry and Distribution (MIDA, in Spanish) released the full findings of this year’s Consumer X-Ray study. #NewsismyBusiness
The full results of the Consumer X-Ray 2023 study will be presented on June 29, as part of the MIDA Conference & Food Show 2023. #NewsismyBusiness
Consumers spent 14% more for their household products in 2022, versus a year ago.
The Chamber of Marketing, Industry and Food Distribution’s (MIDA, in Spanish) most recent Consumer X-Ray shows a Puerto Rican consumer who is juggling their budget in the face of price hikes, product shortages and daily expenses. The 29th edition of the study also shows that fluctuations in monthly spending on groceries reflect the greater influence […]
In the past year, 79% of Puerto Ricans have made online purchases, which places the island among the top five most active places when it comes to buying through the internet, according to “The Connected Consumer,” a study commissioned by the Chamber of Marketing, Industry and Food Distribution (MIDA, in Spanish). The analysis, which is […]
The Chamber of Marketing, Industry and Food Distribution (MIDA, in Spanish) announced that, in response to the situation that the island is going through with the increases in infections by COVID-19, the events related to its annual convention are moving forward, although, but split into different dates. MIDA President Ferdysac Márquez said the event has […]
Puerto Rican consumers spent an average of $500 a month on groceries, or 18% more than the average $422 spent last year, the Chamber of Marketing, Industry and Food Distribution’s annual Consumer X-Ray revealed. “Spending appears to be driven by an increase in the frequency of visits to supermarkets, which registered an average of eight […]
The members of the Chamber of Marketing, Industry and Food Distribution, or MIDA, as the trade group is known for its initials in Spanish, confirmed the need to present a “united front” to get Puerto Rico included in the Supplemental Nutrition Assistance Program. In March, Sen. Bernie Sanders and Rep. Nydia Velázquez introduced a bill […]
The amount of money consumers are spending on groceries a month dropped to $422, a fall of 5% versus the expenditure reported in 2018, similar to that recorded in 2015, according to the study released by the Chamber of Marketing, Industry and Food Distribution, or MIDA, as the trade group is known for its initials […]
The passing of Hurricane María last September left in its wake a changed consumer, who now makes more frequent trips to buy food, not only a grocery stores, but at alternative retail establishments as well.
Although the price of goods is still a determining factor, Puerto Rico consumers are demanding more elements to complete their in-store experience at the time of making their purchases.
Mass migration of Puerto Rico residents, the struggle to find value propositions, the variety of affordable meals at fast food restaurants, the lack of product accessibility, and empty shelves have been determined as reasons why local shoppers are spending 10 percent less on their monthly grocery bills, a study by the Marketing, Industry and Food Distribution Chamber, known as MIDA, revealed Thursday.
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