Article 6H1QW UK Christmas shoppers will pay more for less this year, say economists

UK Christmas shoppers will pay more for less this year, say economists

by
Gwyn Topham
from Economics | The Guardian on (#6H1QW)

Cost of festive season is up almost a quarter in three years, according to the Centre for Economics and Business Research

Consumers will pay more for less this Christmas, economists have warned, getting less of a bang for their buck than the faint phutting of a puny, overpriced cracker being pulled.

Although Britons will spend more than in the belt-tightening 2022 festive season, the resultant fare won't yet match the pre-pandemic Christmases past.

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