Finnish summer holiday budgets slightly tighter
(Thomson Reuters ONE) -
This year, Finns intend to spend a little less money on their summer holidays
than in the last two years, according to a survey commissioned by Nordea which
was conducted in May.
The average Finnish summer holiday budget this year is 1,470 euros. Compared to
last year, the average budget has decreased by 80 euros, and compared to 2009
the budget has been cut by 130 euros. People in Northern Finland have the
tightest budget: this year they will spend 17 per cent less on their holidays
than last year.
- Interest rates have started to rise and consumer prices have recently been
growing faster than wages. This has made consumers slightly more cautious, says
Anu Numminen, Nordea's Private Economist.
Almost half of the Finnish households intend to spend no more than 1,000 euros
on their summer holidays. However, over a quarter of the households spent more
than 2,000 euros on their holidays last year and they are planning to spend just
as much this year. The biggest spenders live in Southern Finland, and many are
found in the Greater Helsinki area, where the average summer holiday budget is
1,840 euros.
The average budget of households with children is also 1,840 euros, whereas
households with no children will spend 1,330 euros on their summer holidays.
People aged 42-53 have the biggest holiday budgets: they estimate that they will
spend around 1,700 euros. Households with an annual income of less than 30,000
euros spend 770 euros on average on their holidays, while those earning more
than 70,000 a year have a holiday budget of around 2,340 euros.
- At the individual level, single-person households have the most expensive
summer holidays as they spend around 1,000 euros on average. This compares with
the average holiday budget of a family of four which is only 460 euros per
person, says Anu Numminen.
1,041 people aged between 18 and 65 participated in the Finnish survey which was
commissioned by Nordea and carried out by Synovate between 4 and 17 May 2011.
For further information:
Anu Numminen, Private Economist, tel +358 9 165 88218
Anni Kuusisto, Press Officer, tel +358 9 165 42653
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Nordea (Finland) via Thomson Reuters ONE
[HUG#1521313]
Unternehmensinformation / Kurzprofil:
Datum: 06.06.2011 - 09:34 Uhr
Sprache: Deutsch
News-ID 55316
Anzahl Zeichen: 2921
contact information:
Town:
Helsinki
Kategorie:
Business News
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"Finnish summer holiday budgets slightly tighter"
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