Consumers expect this Christmas to be much more expensive

One-third of people say they will spend less due to cost-of-living challenges 

Irish shoppers are cutting back in other areas of life not just in anticipation of the busy Christmas period. File picture: Denis Minihane

Nearly three-quarters of Irish adults are expecting Christmas shopping to be significantly more expensive this year with one-third already expecting to spend less this year, a new survey by accountancy firm KPMG shows.

As cost-of-living challenges persist, Irish consumers are expected to be more conscious of their spending this festive season.