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Fewer presents under S'pore Christmas trees this year

UOB survey reveals Christmas shopping budget of S$709, which is 20 per cent less than last year's

Lee U-Wen
Published Wed, Dec 17, 2014 · 09:50 PM

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    Singapore

    WHEN it comes to gifting this Christmas, shoppers in Singapore are spending less this year compared to 2013, according to a new survey conducted by UOB.

    A poll of 500 working adults last month found that they have set aside a total festive shopping budget of S$709, which is 20 per cent less than last year. Those surveyed were aged between 25 and 55 years old and earning at least S$2,500 a month.

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