German shoppers positive on Christmas

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters

Germany predicts good holiday shopping session as German consumers prepare to spend 2.7% more on their Christmas gifts and other related goods than last year. According to predictions, Germans might spend approximately €630 per household on decorations, gifts, food and drinks, or about €25 more than other Europeans who plan to spend on average €605. Analysts explain the planned increase in spending with relatively low unemployment level.

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