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.
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Accenture. (October 30, 2023). Cost cutting measures consumers planned to take to offset holiday season costs worldwide in 2023 [Graph]. In Statista. Retrieved November 21, 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 November 21, 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: November 21, 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 November 21, 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/
