Spending spree to prepare for Three Kings


RESIDENTS in the Balearic Islands will have spent an average €475 over the Christmas period this year.

The average expenditure in Spain is expected to have been around €455, according to a study by the Federation of Independent Users and Consumers.

Most of this amount was spent on food, especially for the meals which were held on Christmas and New Year’s Eve. The remaining amount has been spent on gifts, party clothes, entertainment and lottery.

Despite less being spent this year by residents in the Balearic Island, traders in Mallorca, and especially in Palma, reported a busy last Sunday of the year, in which shoppers showed interest in all sectors, but mainly purchased last-minute items for their New Year’s meal.

The other top purchases of the day were, in small shops, franchises and large shopping centres, toys, ready for the visit from the ‘Three Kings’ on Sunday, when most Spaniards exchange gifts.

Author badge placeholder
Written by

Euro Weekly News Media

Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews