K&H: how much do young people spend on gifts?
The majority of young people, 84 percent, plan to give gifts to their loved ones at Christmas. They spend an average of HUF 40,000 on gifts this year, compared to HUF 37,000 last year. At the same time, the median amount is HUF 25,000, so half of the young people preparing to give a gift spend more than this, the other half less, according to the K&H youth index. 3 percent of young people do not spend on gifts, they prepare the surprises themselves.
Young people would spend a little more money to buy presents for Christmas this year than a year ago, but the differences are very significant, according to the K&H youth index, which examined the Christmas shopping habits of 19-29-year-olds. 84 percent of the young people surveyed plan to give gifts to their loved ones, especially their parents, partners, and spouses. 34 percent of them also prepare a surprise for their friends, which means a significant increase compared to last year’s 23 percent.
Related news
Eurozone industrial production exceeded expectations in February
Eurozone industrial production rose more than expected in February, both…
Read more >International quotation system – a more transparent event planning market
MaReSz proposes the introduction of an international quotation system for…
Read more >Hungary’s economic vulnerability: causes, consequences and possible solutions
The economic developments of recent years have once again drawn…
Read more >Related news
Disrupted market, uncertain future – foot-and-mouth disease epidemic could have serious consequences
The outbreak of foot-and-mouth disease (FMD) in Hungary has triggered…
Read more >Could a volcano paralyze European tourism today?
Fifteen years after the 2010 eruption of the Icelandic volcano…
Read more >NMHH: November remains the strongest month in the advertising market
November is still the strongest month in the advertising market,…
Read more >