Panic buying during Covid-19 in Malaysia

Abstract

One of Covid-19 side effects was movement control order (MCO). Panic buying can be defined as the action of buying large quantities of a particular product or commodity due to sudden fears and a lockdown announcement from the government just adds fuel to the flames. This study has been done to identify the level of panic buying during movement restricted order (MCO). Panic buying is chosen as the research’s topic because it is the most obvious reaction that was shown from the public when MCO was announced and wanted to know did they practice this behavior or not. The researcher used questionnaire form to survey the level of panic buying during MCO. Google form was also used to determine the survey and the link was distributed to all social media platforms. From the survey, we gained 411 respondents, starting from age 18 and above that involved various ethnic in Malaysia. The findings show that the level of panic buying among Malaysian is very low (m=2.13).