One studio of “World Remit” on the cost of the Christmas holidays in a wide range of countries in the world have revealed a surprise, after “Lebanon” has arrived in top of the ranking, according to the total cost of each family.
The site based its data on 3 aspects of spending: “the cost of food,” “the cost of decorating,” and “Christmas gifts,” which exceeded $2,000. in a country in severe economic crisis.
Food had a large relative impact on costs in some countries, especially Lebanon, the Philippines and African countries, exceeding 45% of the budget Christmas of families, according to what Al Arabiya found.net.
But in most countries, most of the budget Christmas was intended for gifts. Gifts were the highest cost among the three indicators in more than half of the countries. In fact, 60% of all countries found that they spend more than their own budget in gifts and food.
Christmas inflation and high costs
Also questGlobal inflation is impacting Christmas shopping this year. According to WorldRemit’s 2022 cost report of Christmas Study, the report predicted an increase of up to 156% in the total cost of Christmas questyear, due to rising inflation.
The studio last year surveyed 14 countries in where most of the average costs were assigned to food during the holidays. In 2022, it studio found an increase in the prices of Christmas items for some of these 14 countries. 9 new countries have been added to the list.
Of the 23 countries surveyed in 2022, the economies in via such as the Philippines, Uganda and Nigeria will likely spend more than 100% of their total monthly income on Christmas, while in the UK Christmas will cost 65% in more than in 2021.
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