Australian consumers squeezed by rising cost of living this Christmas: Toluna

The rising cost of living will dampen the Christmas spirit and affect Christmas plans for as many as 64% of Australian consumers this year, according to new research from consumer intelligence platform Toluna.

The research, which surveyed 1049 Australians demonstrated that the pressures of cost of living will impact spending habits for many Australians, with 83% saying that it will affect their spend on Christmas gifts.