One in four Germans won’t buy Christmas gifts this year

An increasing number of people will forgo the tradition due to soaring prices, the news outlet reports, citing a survey Almost a quarter of Germans won’t buy Christmas presents this year because of high inflation, Bild newspaper reported on Saturday, citing a survey by the Institute for New Social Answers (INSA). According to the report, 23% of respondents said they will not buy Christmas presents at all, while 22% said they will have to use their savings to buy gifts. A further 3% said they may be forced to incur debts to buy presents. Overall, less than half of those surveyed said they will be able to fit Christ

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Last updated : 04 Dec 2022 clock 04:08 PM

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