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Aussies will buy fewer gifts this festive season, thanks to rising cost of living

Originally published: B&T, 19 October 2022

â—Ź 58% of Australians are buying fewer gifts to keep their budgets in check
â—Ź 37% of Australians will spend less on Christmas this year, compared to 28% last year
â—Ź 29% will combat the cost of living by buying cheaper alternatives for Christmas dishes
â—Ź More Australians are looking to buy gifts before December (72% this year) as many fear prices will increase closer to the date

Our global Christmas report 2022 has shown that cost of living hikes will see Australians buying fewer gifts – as families work within narrower budgets when compared to previous years.

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