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