British households are expected to spend more than £800 on average on Christmas shopping this year, according to new research.
Data from Centre for Retail Research and Voucher Codes which looks at consumers’ total spend when Christmas shopping has shown that households are expected to spend a total amount of £831 this festive season.
Of that, £493 is spent on purchasing gifts for loved ones, such as clothing, footwear, cosmetics, and consumer electronics.
The research also shows millions of households will spend a predicted £238 on food and drink, with the price of Christmas dinner expected to rise as families prepare to spend an average of £13 more than last year.
Thirty-two per cent of Christmas shopping now comes from online, this is up from 29 per cent last year.
This year, the total spend on Christmas shopping from smartphones and tablets has increased to £7.53 billion from £6.07 billion last year.
Meanwhile, an average of £32 is expected to be spent on festive home decorations and £70 is spent on commuting to a friend’s or family’s home for celebrations.
It’s forecast there would be 4.8 million and 10.1 million last-minute Christmas shoppers for online and the high street respectively.