Latin America: main reasons consumers spend less on Christmas 2022

Published by Statista Research Department, Jul 19, 2024
In 2022, roughly 27 percent of consumers in Latin America said they planned to spend less during the Christmas holidays out of concern for the economic situation. Another 30 percent indicated they preferred to save instead of spend.

Main reasons why Latin American consumers are planning to spend or spent less during Christmas in 2022

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Release date

December 2022

Region

Argentina, Colombia, Costa Rica, Mexico, Peru, LAC

Survey time period

November 24 to December 2, 2022

Number of respondents

1,525 respondents*

Supplementary notes

*Respondents include people from different income levels. The survey was conducted in Argentina, Colombia, Costa Rica, Mexico, and Peru.

The question was phrased by the source as follows: "Which is the main reason you spent or are planning to spend less during Christmas shopping this year?"

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Statistics on " Christmas shopping in Latin America "

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Other statistics that may interest you Christmas shopping in Latin America

Latin American overview

8

Brazil

8

Mexico

8

Colombia

8

Chile

7

Peru

5

Argentina

5

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Topics

Christmas shopping in Latin AmericaCocoa and chocolate market in Latin AmericaOnline marketplaces in Latin AmericaE-commerce in Latin AmericaBeauty and personal care market in Latin America
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