A recent survey revealed that more than one third of UK consumers did not plan to cut costs during the Christmas period in 2021. When asked about possible ways to reduce Christmas spending, just over a quarter of respondents said they planned to set a price limit with family and friends.
Consumer methods for cutting costs during the Christmas period in the United Kingdom (UK) in 2021
Characteristic
Share of respondents
I don't plan to cut costs this Christmas
31%
Setting a price limit with family and friends
27%
Reusing gift packaging e.g. wrapping paper, gift bags
14%
Giving an inexpensive experience as a gift (e.g. massage, picnic)
9%
Secret Santa instead of buying gifts for multiple people
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finder.com. (November 29, 2021). Consumer methods for cutting costs during the Christmas period in the United Kingdom (UK) in 2021 [Graph]. In Statista. Retrieved July 23, 2024, from https://www.statista.com/statistics/1193435/consumer-reasons-for-spending-less-christmas-uk/
finder.com. "Consumer methods for cutting costs during the Christmas period in the United Kingdom (UK) in 2021." Chart. November 29, 2021. Statista. Accessed July 23, 2024. https://www.statista.com/statistics/1193435/consumer-reasons-for-spending-less-christmas-uk/
finder.com. (2021). Consumer methods for cutting costs during the Christmas period in the United Kingdom (UK) in 2021. Statista. Statista Inc.. Accessed: July 23, 2024. https://www.statista.com/statistics/1193435/consumer-reasons-for-spending-less-christmas-uk/
finder.com. "Consumer Methods for Cutting Costs during The Christmas Period in The United Kingdom (Uk) in 2021." Statista, Statista Inc., 29 Nov 2021, https://www.statista.com/statistics/1193435/consumer-reasons-for-spending-less-christmas-uk/
finder.com, Consumer methods for cutting costs during the Christmas period in the United Kingdom (UK) in 2021 Statista, https://www.statista.com/statistics/1193435/consumer-reasons-for-spending-less-christmas-uk/ (last visited July 23, 2024)
Consumer methods for cutting costs during the Christmas period in the United Kingdom (UK) in 2021 [Graph], finder.com, November 29, 2021. [Online]. Available: https://www.statista.com/statistics/1193435/consumer-reasons-for-spending-less-christmas-uk/
