xi's moments
Home | Americas

Americans expected to give fewer gifts this holiday season

chinadaily.com.cn | Updated: 2022-11-01 09:47

Spending during the holiday season is forecast to remain the same as last year, but with inflation pushing up product prices by 10%, consumers are likely to make fewer purchases and give fewer gifts, down to nine gifts per person from 16 last year, a report from Deloitte said.

Global Edition
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349