The cost of Christmas 2014From the Learn English Network - http://learnenglish.de
Average Cost ofChristmas in the UK
Online retailers are expecting sales to reach £17.4 billion.
£
The total retail spend in the run up to Christmas (mid-November to Christmas day) by UK households in
2014 is expected to reach £74.3 billion
Britons are planning to spend £868 pp on Christmas this year, just £6 more than was spent in 2002.
The average adult spends £530 on their festive celebrations, which equates to a total spend of £26 billion on Christmas food and drink, gifts, decorations, cards etc.
Only 5% of people said they had more money available this year that they would spend on Christmas celebrations ...
... and 9% said they felt they deserved some extra treats this year.
Consumers think they will spend an average of £345.65 on gifts this year, £16 less than in 2002, ...
... although 35% of people thought they would blow at least £500 on presents.
On average people buy presents for 12 members of their family or friends
33% of people said the most expensive gift they buy will be for a child ...
... followed by 16%, who said they will spend the most money on their wives, ...
... and just 7% will spend most on their husbands.
People living in Scotland are the most generous when it comes to buying presents, expecting to spend an average of £413.80 ... ... while those in the
South will spend the least at £335.43.
Overall, by the end of Christmas, people will have spent an average of ...
£178.57 on food and drink.
£29.59 on decorations and accessories.
£17.02 on Christmas cards and postage.
Just under 25% of people planned to do some of their Christmas shopping abroad.
57% of whom had planned a trip to France ...
... and expected to spend an average of £109 each on food and drink.
66% of people expect to pay for the cost of Christmas using savings
9% said they would use a credit card or loan, ...
... but 19% of people admitted they had failed to budget for the festive season.
References: www.retailresearch.org/shoppingforxmas.phpwww.dailymail.co.uk/news/article-2858329/Christmas-bargains-food-prices-fall-time-eight-years-shoppers-spurn-supermarkets-local-stores.htmlwww.independent.co.uk/life-style/food-and-drink/news/christmas-dinner-to-be-cheaper-this-year-as-price-falls-for-first-time-since-2006-9899669.htmlwww.dailymail.co.uk/news/article-201950/Britons-spend-868-Christmas.htmlwww.thisismoney.co.uk/money/saving/article-2850200/Shoppers-Britain-spend-money-festive-gifts-Europe.html
L E ONetwork