This is where price hikes are causing the most holiday stress

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For many, this Christmas will be marked not only by a tentative return to normality as covid-related restrictions have eased up around the world, but also by the general increase in prices, which will undoubtedly affect purchases and celebrations this year.

According to an Ipsos study carried out in 12 countries, an average of 85 percent of the surveyed respondents said that they feel excited about the end of year celebrations, with a third saying that they are even more excited than last year. But at the same time, that enthusiasm is running counter to the levels of stress respondents feel in light of the current levels of inflation. On average, nearly nine in ten respondents said they feel stressed about the impact of rising prices, and 55 percent are more stressed than last year.

As our chart shows, stress is most widespread in Romania, where three quarters (74 percent) of the country’s respondents said that thanks to price increases they feel more stressed this year about the end-of-year and Christmas celebrations than in 2021. Although the share of people saying they are more stressed this year is still high in the United States, it is somewhat lower at 50 percent, while Brazil has the lowest among the nations analyzed, at 28 percent.

Financial worries will undoubtedly impact what Christmas will look like for many this year, as, on average globally, half of those surveyed expect rising costs to have a significant bearing on their holiday shopping and 40 percent say the same for their celebrations.

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12. Brazil

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 28%

Image Credit: DepositPhotos.com.

11. Chile

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 46%

Image Credit: StreetFlash/istockphoto.

10. America

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 50%

 

Image Credit: DepositPhotos.com.

9. Germany

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 51%

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8. Australia

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 53%

Image Credit: Tony_Irving / istockphoto.

7. Spain

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 54%

Image Credit: DepositPhotos.com.

6. Great Britain

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 56%

Image Credit: TheBristolNomad / iStock.

5. Singapore

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 59%

Image Credit: DepositPhotos.com.

4. France

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 60%

 

Image Credit: StockByM/iStock.

3. Philippines

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 63%

Image Credit: Ershov_Maks / istockphoto.

2. Italy

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 65%

Image Credit: Xantana / istockphoto.

1. Romania

Share of respondents that say price increases are making the end of year/Christmas celebrations more stressful: 74%

Image Credit: Adrian Catalin Lazar / istockphoto.

More holiday budgeting tips

More holiday budgeting tips

Inflation may make enjoying the holidays harder this year, but you can still be merry on a budget. Learn more about how to be thrifty this holiday season.

 

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This article originally appeared on Statista.com and was syndicated by MediaFeed.org.

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