ING NEWS: Nearly one-third of Luxembourg residents feel obliged to spend money at Christmas!

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In its most recent survey, ING International Survey looked at how consumers view Christmas spending and what they think about the gifts they receive.

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07/12/2016 |
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32% of Luxembourg residents feel obliged to spend money at Christmas, versus 42% of Europeans. Similarly, nearly 8 in 10 Luxembourgers (78%) think that the holiday period is too focussed on spending, compared with 7 in 10 people
(70%) in Europe.

10% of Luxembourg residents (vs 15% of Europeans) say they received at least one gift last year that they did not like or will never use.

Of that 10%, 53% gave the gifts away, 55% kept them anyway and 17% donated them to a charitable organisation.

When it comes to putting money aside for the Christmas period, only 21% of Luxembourgers say they actively save money, compared with 42% of Europeans.

When asked if they hope to receive a particular gift, 83% of Luxembourg residents (vs 76% of Europeans) said they do not yet know what they want for Christmas this year.

More information at eZonomics.com: http://www.ezonomics.com/ing_international_survey/christmas-2016

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