Christmas business 2023: “People are spending more but giving less”

2023-12-02 05:10:02

Even though, according to surveys, a large proportion of Austrians have already started buying gifts, today’s first shopping Saturday marks the start of the Christmas shopping season. And even though the cost of living has risen and purchasing power has fallen, people are generous. Spending on gifts this year is expected to be 2.32 billion euros (details in the numbers box). “Growth is price-induced.

#Christmas #business #People #spending #giving

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