Lack of commercial credit, people buy from their savings
One week remained for Christmas shopping. According to the retailers; customers buy from their savings. The traffic datas indicate that this year's Christmas will be on the level of last year's, but the customers cover their purchases from their reserves, much less people use purchase loans than before.
One reason of the careful forethought may be that most of them are not sure of retaining their jobs and afraid that they cannot repay the debt. According to retailers; commercial credit decreased by 8-9 percent this Christmas – reports Népszabadság Online.
Related news
Related news
Gergely Gulyás: the government is preparing a complex action plan to curb excessive increases in food prices
As a first step, the government is preparing a complex…
Read more >Intimacy, smiles, marketing – the best Christmas ads of 2024
For the second time in 2024, Trade magazin organised the…
Read more >Fines would be imposed for failed package deliveries
Manhattan Associates CEO Pieter Van den Broecke is proposing a…
Read more >