How inflation is shaping French 2023 winter vacation and spending habits?

Consumer trends

Surveys

Younited's insights on inflation's impact on winter vacation plans and budgets.

Persistent inflation, at 4.0% as of October 2023 (INSEE), is impacting the financial resources and year-end plans of the French. Many are stretching their budgets and making careful choices about New Year’s celebrations and Christmas activities. Younited’s study explores how inflation shapes these winter plans and the sacrifices people make to enjoy the season.

79%

of the French respondents have not planned to go on vacation for the end-of-year period.

Cannot afford to go on vacation

Never take vacations during this time of year

Have other budget priorities

Consider traveling at a different time

Don't want to go on holidays

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Among them, 31% cannot afford to do so, and 18% indicate they have other budget priorities. Additionally, 16% are considering traveling at a different time, outside of Christmas and New Year’s, to save money.

Source: Younited

25%

of French people plan to finance their winter 2023 vacation through consumer credit, a notable increase compared to the previous summer.

Key takeaways from this survey

Reduction in spending

Due to persistent inflation, many French people are cutting their holiday budgets, shortening their trips, and opting for closer destinations.

Changes in financing

An increasing number of French people are using consumer credit or installment payments to finance their winter vacations, reflecting an adaptation to tighter budgets.

Budget concerns

Most French people are worried about their year-end expenses and are actively seeking ways to optimize their holiday budgets.

« In a context of persistent inflation, it is essential for the French to have access to flexible financial solutions. At Younited, we are committed to providing accessible and transparent instant credit, enabling everyone to realize their projects while managing their budget. Our goal is to support our customers in navigating their finances, especially during this festive season. »

David Payet

Product Marketing & Communication Director

Winter vacation trends 2023

Uncover the latest insights on how rising inflation is affecting French winter vacation plans and budgeting. Get the full report now.

Download the full survey

Study methodology: study conducted on a sample of 1,173 French respondents, representative of the French population aged 18 and over, online from October 19 to 23, 2023.