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  • a wave of panic buying as coronavirus fears continue to spread worldwide, supermarkets have been wiped out of daily necessities.

  • We've seen similar scenes in Australia, Singapore, Hong Kong and Japan and one particular item flying off the shelves.

  • Toilet paper in expert we spoke to earlier, explained the crease.

  • I think it's basically the human fear that there is the potential to run out off what is effectively on essential product ison on dhe.

  • When we're talking about very essentials such a toilet paper, consumers want to have it in their health.

  • Hold on.

  • I think there's a security and a sense of security that is attached to actually having an adequate supply of toilet paper in your household.

  • There is an effect what we call the heading effect, which is when you say consumers down an aisle of the supermarket, crowding around shelves of toilet paper and purchasing it.

  • There is an element of where you actually do get drawn into that, a psychology where you feel like you may miss a fear of missing out in the last 48 hours.

  • In particular, we've seen a significant increase in social media reporting off stock out of toilet paper off restrictions being placed on retail supply of toilet paper on also cases of consumers who have actually engaged in conflict in the aisles.

  • What's trying to purchase the items in Australia?

  • It's been queen toilet gates, toilet paper gates that does increase the sense of anxiety and fear.

  • And consumers do get caught up in this frenzy off meeting to purchase andan urgency to purchase a swell.

a wave of panic buying as coronavirus fears continue to spread worldwide, supermarkets have been wiped out of daily necessities.

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