Effects of crisis-induced inflation on purchasing and consumer behavior in Germany

Theresia Mennekes and Hanna Schramm-Klein

Journal of Retailing and Consumer Services, 2025, vol. 85, issue C

Abstract: This study examines the impact of crisis-induced inflation and product scarcity on consumer behavior in Germany. Using the React-Cope-Adapt (RCA) framework, it analyzes how financial constraints and product shortages influence stress, financial planning, and purchasing decisions. The study is based on a two-wave survey (T1: NÂ =Â 152, T2: NÂ =Â 129) conducted during periods of high inflation and pre-Christmas economic conditions. Partial Least Squares Structural Equation Modeling (PLS-SEM) is applied to assess the dynamic interplay between financial constraints, stress, and behavioral adaptations over time.

Keywords: Financial constraints; Product scarcity; Financial planning; Panic purchases; Consumer behavior (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:joreco:v:85:y:2025:i:c:s0969698925000748

DOI: 10.1016/j.jretconser.2025.104295

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