Consumers are expecting to spend an average of €1,200 on Christmas shopping this year. That compares to an average of €1,000 last year.
Those planning to use their credit cards was down sharply, falling from 29% of consumers last year to 15% this year. Shoppers were also planning to avoid Buy Now, Pay Later offers. "Having short-term savings that you can dip into at Christmas and build back up next year is a sign of good financial wellbeing," she said.
Eh inflation spend more on less
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: