Holiday spending drops as consumers brace for higher prices, says Deloitte
Holiday spending is decreasing by about 10% this year compared to 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods.
Holiday spending is decreasing by about 10% this year compared to 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods.
Compared to 2022, consumers in 2023 and 2024 have adopted a more strategic approach, planning their purchases in advance.

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