The cost-of-living crisis is impacting how much we’re going to spend at Christmas.
A survey by the accounting firm EY suggests the average shopper is going to spend nearly 300 francs less than last year – that’s down a fifth.
Analysts point to higher health insurance premiums, potential rise in rents and general inflation is making the outlook for 2024 gloomy.
Money and vouchers remain very popular gifts, with 37% saying they’re opting for those. Toys are second with 36% and then food at 34%.
Online shopping continues to climb, with 41% using the internet – up from 38% last year.
Major 5 year works plan starts in Geneva next year
Home owner tax on brink of abolishment - or not
Boy killed by bus in Vaud
Quagga mussel found in Lake Zurich for first time
Police officer pardoned of speeding
Final - Geneva shops will open this Sunday
