For the 2023 holiday season, a significant percentage of surveyed consumers around the world (about 70 percent) said they would cut back on giving gifts to extended family and friends as a way to stretch their festive spending budget. About the same number of respondents intended to save on utility usage, for instance, decorative lighting, for the same reason.
Cost cutting measures consumers planned to take to offset holiday season costs worldwide in 2023
The source does not specify the date of the survey.
* The surveyed countries were the United States, Canada, United Kingdom, France, Germany, Spain, Italy, Sweden, and Netherlands.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Accenture. (October 30, 2023). Cost cutting measures consumers planned to take to offset holiday season costs worldwide in 2023 [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/1425257/cost-cutting-actions-taken-during-the-holiday-season-worldwide/
Accenture. "Cost cutting measures consumers planned to take to offset holiday season costs worldwide in 2023." Chart. October 30, 2023. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/1425257/cost-cutting-actions-taken-during-the-holiday-season-worldwide/
Accenture. (2023). Cost cutting measures consumers planned to take to offset holiday season costs worldwide in 2023. Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/1425257/cost-cutting-actions-taken-during-the-holiday-season-worldwide/
Accenture. "Cost Cutting Measures Consumers Planned to Take to Offset Holiday Season Costs Worldwide in 2023." Statista, Statista Inc., 30 Oct 2023, https://www.statista.com/statistics/1425257/cost-cutting-actions-taken-during-the-holiday-season-worldwide/
Accenture, Cost cutting measures consumers planned to take to offset holiday season costs worldwide in 2023 Statista, https://www.statista.com/statistics/1425257/cost-cutting-actions-taken-during-the-holiday-season-worldwide/ (last visited December 31, 2024)
Cost cutting measures consumers planned to take to offset holiday season costs worldwide in 2023 [Graph], Accenture, October 30, 2023. [Online]. Available: https://www.statista.com/statistics/1425257/cost-cutting-actions-taken-during-the-holiday-season-worldwide/
