Study: Average Czech to spend around CZK 5,000 over Christmas

The average Czech will spend around CZK 5,000 this holiday season, which is around a quarter of the country’s average monthly salary, according to an international survey by ING Bank. One in five of the Czech respondents in the study said that they kept an eye on their spending during the Christmas period and around 40 percent said they saved money in advance of the holiday.

Author: Ian Willoughby