Study: Holiday spending will exceed pre-pandemic levels this year

Holiday spending will exceed pre-pandemic levels for the first time this year, up 10% from 2019 and 14% from 2022, as 72% of consumers expect higher prices for products in the food and beverage (86%), apparel and accessories (82%), electronics (80%), housewares (72%), toys (71%) and personal care (70%) categories, according to the Deloitte Holiday Retail Survey 2023. According to the quoted source, at the same time,56% ...

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