"Last year, consumers expected to spend €1,177 on festive spending, and one in five got into debt"
"Mariah Carey has been defrosted, Christmas lights have been switched on in parts of the country, and the supermarket shelves have already replaced the Halloween pumpkins with tins of Afternoon Tea. We've only entered the third week of November - yet for consumers struggling with the cost of living, the ever-lengthening consumer-fest that is the run-up to Christmas is a stark reminder of the financial challenges we all face in what's shaping up to be the most expensive Christmas in many years."
Consumers expected to spend €1,177 on festive spending last year, and one in five consumers went into debt because of holiday costs. Festive markers are visible: Mariah Carey has been defrosted, Christmas lights are switched on in parts of the country, and supermarket shelves have already replaced Halloween pumpkins with tins of Afternoon Tea. The calendar has only reached the third week of November. For consumers struggling with the cost of living, the lengthening run-up to Christmas intensifies financial pressure and contributes to what is shaping up to be the most expensive Christmas in many years.
Read at Independent
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