Despite forecasts of an 8% rise, most Romanians plan to spend similarly on holiday gifts as last year due to economic uncertainties.

Deloitte forecasts an 8% rise in winter holiday spending in Romania for 2024, despite rising prices. However, a TBI Bank survey reveals that 60% of Romanians plan to spend no more than 700 RON on gifts, similar to last year, due to economic uncertainties and higher prices. The survey indicates that consumers are buying fewer or lower-value gifts and planning ahead to manage their budgets.

3 months ago
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