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Tuesday, March 28, 2023

Easter in the belt. Most Poles intend to cut costs

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Easter is fast approaching. According to a study by UCE Research and the Blix Group, almost 70% of Poles plan to cut Christmas spending. Every fifth respondent expects a reduction in the range of 15 to 20 percent. compared to last year’s purchases.

Easter is less than two weeks away. It will be Christmas in the era of the highest inflation in more than 25 years. Almost everything is getting more expensive, so it’s no surprise that many of us will decide to tighten our belts this year.

Easter is getting closer. Nearly 70 percent want to cut costs

This is confirmed by a study by UCE Research and Blix Group, the details of which are given by Rzeczpospolita. To the question “Will you limit your Easter expenses?” As many as 68% of the respondents answered in the affirmative, of which 33% “definitely yes”, and the remaining 35% “rather yes”. More than 20% of respondents want to cut costs by 20-30%, 6.6% of respondents say they want to cut costs by 40-50%.

Almost 30 percent of survey participants intend to spend up to PLN 200 per person on average to buy groceries, and this is the most frequently quoted upper limit. More than 26 percent of the Poles will allocate 200-300 zł for these purposes and 16.5%. – PLN 300–400.

– The Poles have been tightening their belts for at least a year, and this has been especially noticeable lately. The stores are really expensive and there is no chance of a price drop. They may only start to grow more slowly from year to year, but we still have to wait for it - comments Dr. Krzysztof Luczak, study co-author and chief economist at Blix Group, citing Rzeczpospolita.

“Nothing positive in this regard will happen before Christmas. The Poles know this. They also see that Christmas will be very expensive - he adds.

Almost 600 PLN for Easter

The results of the Provident study, quoted by the newspaper, show that Poles plan to spend an average of PLN 599 this year on Easter. More than half of respondents predict that holidays this year will be more expensive than in previous years. 92.4 percent of respondents from this group indicate inflation and rising food prices as the main reason for this state of affairs.

Designed by: Radoslav Swiecki
Source: Republic

Source: Wprost

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