Sun, Dec 01, 2013 - Page 3 News List

Year-end spending could drop from last Christmas: yes123

By Kan Chih-chi and Jake Chung  /  Staff reporter, with staff writer

A poll among salaried workers by the online job board yes123 indicated that year-end consumer spending was not favorable, saying that more than 60 percent of respondents felt that this year’s economic environment was worse than last year’s.

According to the poll, 34.1 percent of respondents said they had made purchases during the anniversary sales offered by department stores this year, but among those who had spent money, 63.3 percent said they spent less than last year, and 70 percent had spent an average of NT$4,257.

Of the salaried workers polled, 19.7 percent said they intended to go to the information technology expo and make purchases there, but 64.3 of those who planned to go to the expo said they had budgeted a smaller amount than last year, with 41.6 percent saying that they intended to cap their purchases at NT$1,000 or less.

According to the poll, the primary purchases of those attending the expo were smartphones at contract prices, tablet computers and notebook computers.

As for the Christmas sales season, which is expected to stimulate domestic spending at the end of the year, 39 percent of the polled said they intended to go out for a Christmas meal. Among those, 47.9 percent said they had lower budgets, and 60.8 percent said they planned to keep the cost of the meal to a maximum of NT$1,000.

The poll also found that people are budgeting less for holiday gifts. Forty-one percent of workers said that they had plans for gifts. Of that figure, 48.8 percent said they budgeted less than last year, and 95 percent said they wanted to keep their expenditure to below NT$5,000.

The average planned budget for Christmas gifts was NT$1,736.

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