Nov 29 2010

53% of French people intend to reduce their spending Christmas

Tag: Uncategorized, business opportunity, corporations, different, management — admin @ 9:40 am

Novelty, even wealthy households are tightening their belts during the holidays.

More than half of French plans to tighten their budget for holiday season, a larger proportion than last year, according to an Ipsos poll conducted for France Bleu Monday.

Sign that the economic crisis weighs more than in 2009 on consumption, 53% of the French plan to tighten their budget, against 43% in 2009.

Only 5% plan to spend davatange, while 41% of respondents plan to spend as much as last year.

The reduction of the budget for year-end holidays primarily affects lower income households (64%), but she is more prevalent among higher income (35% instead of 23% in 2009).

This survey was conducted on 19 and 20 November 2010 with 1,024 persons, constituting a representative sample of the French population aged 15 and older.