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The Cost of Christmas
1. The cost of Christmas 2014
From the Learn English Network - http://learnenglish.de
Average Cost of
Christmas 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.php
www.dailymail.co.uk/news/article-2858329/Christmas-bargains-food-prices-fall-time-eight-years-shoppers-
spurn-supermarkets-local-stores.html
www.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.html
www.dailymail.co.uk/news/article-201950/Britons-spend-868-Christmas.html
www.thisismoney.co.uk/money/saving/article-2850200/Shoppers-Britain-spend-money-festive-gifts-
Europe.html
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