News readers, you’re in for a treat.
A new report from the UK’s Telegraph found that, with prices at an all-time low, Christmas shopping is the absolute best time of year.
In fact, the Telegraph’s own Christmas shopping guide says it’s the best time to buy anything, including your Christmas carol.
Here’s the full story.
What’s more, the paper found that shoppers were buying more things online, and less on physical shelves.
And this isn’t a one-off Christmas story.
The Telegraph report says that, by 2020, UK shoppers will be spending an average of £1,400 a year on Christmas shopping, compared with just £1 a year in 2015.
Here are the findings: Readers are buying things they wouldn’t normally shop at: In total, they are spending £1.4 billion ($2.5 billion) on goods and services during the festive period, up £200 million ($319 million) on Christmas Eve alone, the study found.
Read more: The average UK Christmas spending in 2020 will be £1m ($1.3 million), up £400 million ($640 million) from 2015.
That’s a rise of £20 million ($34 million) per year.
It’s a huge difference: the average household spent £600 on Christmas in 2015, and £1 million ($1 million) in 2020.
And, of course, the Christmas season isn’t over yet.
So how do we get there?
The Telegraph’s guide also says that consumers are saving on the price of essentials, like heating and cooking gas.
But consumers are spending less on food, too: the Telegraph report finds that the average consumer spent just £30 ($50) per person on Christmas dinner.
But there are some big differences between the Telegraphs Christmas shopping report and other reports.
The paper found the most popular items for Christmas shopping are “snowflake” and “white snow” presents, and the “black-on-white” Christmas tree.
But the paper also found that the Christmas gift guide doesn’t list the most expensive Christmas gift, and only the most budget-friendly Christmas gift.
The paper’s Christmas gift list doesn’t include Christmas lights, for example, which are cheaper than most other items in the guide.
And, of note, the Guardian reported that the Telegraph list prices for the best Christmas presents are actually lower than most of the UK.
But there’s still plenty of Christmas shopping left.
Check out more stories on the Telegraph and Telegraph Media Group here.
Read more from The Daily Telegraph, including: Christmas is here, and you’ve got to have it (and it’s here, now), with more than half of adults wanting to spend Christmas (including those who plan to visit family or friends)The Telegraph Christmas 2018 guide: what to buy, when to buy it, and how to do it (plus a video guide)Subscribe to The Daily Times newsletter, and get the latest news delivered to your inbox.
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