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Deloitte study: four in ten consumers plan to spend less this Christmas than last year in the context of COVID-19 pandemic

Deloitte study: four in ten consumers plan to spend less this Christmas than last year in the context of COVID-19 pandemic Aurel Constantin 22/12/2020 | 14:17 Almost four in ten consumers (38%) plan to spend less this Christmas than last year in the context of COVID-19 pandemic, according to Deloitte 2020 Holiday Retail Survey. The study underlines that anxieties related to financial concerns are reshaping consumer’s approach to the shopping season, as respondents’ main reasons for the increased caution are related to the economic instability (50%) and their plans to save more (40%). The study surveyed more than 4,000 US consumers and provides key insights into how COVID-19 is influencing the holiday season.

Four in ten consumers plan to spend less this Christmas than last year due to pandemic: Deloitte

Almost four in ten consumers (38%) plan to spend less this Christmas than last year in the context of COVID-19 pandemic, according to a Deloitte survey. The study underlines that anxieties related to financial concerns are reshaping consumer’s approach to the shopping season, as respondents’ main reasons for the increased caution are related to the economic instability (50%) and their plans to save more (40%). The study surveyed more than 4,000 US consumers and provides key insights into how COVID-19 is influencing the holiday season. Travel and experiences are the items on which consumers will mostly cut back this holiday season, with 34% of them investing less than last year in socializing away from home.

INS: Unemployment rate down 0 2pct to 5 2pct in Q3 against Q2

22/12/2020 11:15 The unemployment rate in the third quarter of this year was 5.2 per cent, down 0.2 per cent from the previous quarter, according to data released by the National Institute of Statistics (INS), on Tuesday. The unemployment rate for men was 5.4 per cent, and for women was 5 per cent, in the said interval. By gender, the gap between the two unemployment rates was 0.4 percentage points (5.4 per cent for men compared to 5.0 per cent for women), and by residential areas, it was 1.2 percentage points (5, 9 per cent in rural areas, compared to 4.7 per cent in urban areas), showed the INS. By age groups, the unemployment rate reached the highest level (19.2 per cent) among young people (15-24 years).

Romania: INS: Unemployment rate down 0 2pct to 5 2pct in Q3 against ( )

Romania: INS: Unemployment rate down 0 2pct to 5 2pct in Q3 against ( )
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