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Spaniards Plan €796 in Christmas Spending Per Person, OCU Finds

Gifts account for the largest outlay, reflecting pressure on household budgets.

Overview

  • Gifts lead planned expenses at about €370 per person, with €192 for Three Kings presents and €178 for Christmas Eve.
  • Other key outlays include €132 for festive dinners and €117 for travel, plus roughly €73 for lottery and celebrations and €31 for home decorations.
  • A majority of respondents, 52%, expect to exceed their budgets, and 29% intend to delay some gift purchases until January sales.
  • Internet is the top channel for buying gifts, chosen by 37% of consumers versus 29% who prefer physical stores.
  • Four in ten say obligatory gift shopping causes stress, and the OCU advises making lists and planning purchases early to avoid overspending and crowds.