Most people are cutting back on Christmas spending amid cost crunch, survey finds

Just over half of Irish people will be spending less and budgeting more this Christmas as a result of the cost of living crisis, according to survey.

Four in ten (42 per cent) plan to spend the same as last year, while just 7 per cent of people plan to spend more and go all out this festive season.

The survey commissioned by radio station Christmas FM also reveals that Irish people find their partner the most difficult person to buy a Christmas present for, with one third (32 per cent) struggling to find the perfect gift.

Despite this, 52 per cent of those surveyed said they prefer to give presents rather than receive them. Four in ten people also admitted to regifting an unwanted gift – but only if it’s a present they know the recipient will love.

When it comes to adding festive touches to the house, 44 per cent said decorating the Christmas tree is their favourite Christmas job, with 77 per cent hanging a mix of tinsel, baubles, fairly lights and homemade decorations from children on the tree.

Almost four in five people (79 per cent) also said they now use an artificial tree as it is less mess and better value for money.

Over half (56 per cent) of those surveyed say they will try to be as environmentally conscious as possible this Christmas with 40 per cent buying as many gifts as possible from Irish businesses.

Almost seven in ten (67 per cent) are most looking forward to spending time with family and loved ones this festive season with 47 per cent of Irish people attending a religious service on either Christmas Eve or Christmas Day.