Spanish spending habits are changing

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HARD TIMES: Cutting back on spending.


SPANISH Spending habits are changing. Spanish consumer confidence has remained low for nine months, with 76 per cent now believing that their personal finances will go badly over the next 12 months, Nielson found.

The crisis influences what they buy, 86 per cent told a survey by marketing research specialists Nielsen.

Lowering their electricity and gas bills are principal targets for 73 per cent of Spanish consumers. Sixty eight per cent of the Spanish have cut down on leisure spending, they said, and 63 per cent now spend less on clothes.  A further 53 per cent have switched to more economic brands when buying food.

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