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Data shows Kiwis will spend an average of $623 on Xmas gifts this year

Author
Newstalk ZB,
Publish Date
Thu, 1 Dec 2022, 10:50am
Photo / File
Photo / File

Data shows Kiwis will spend an average of $623 on Xmas gifts this year

Author
Newstalk ZB,
Publish Date
Thu, 1 Dec 2022, 10:50am

Men are bigger Christmas spenders than women.

New data by Banked shows people will spend an average $623 on gifts this year, with two thirds happy to fork out for a more sustainable gift if they have the option.

Head of Publishing, Kevin McHugh, says when it comes to the gender differences, women tend to be a bit more sensible and conservative with their money.

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