Hey big spenders

MALLORCA:  No region in Spain will spend more on Christmas gifts than the Balearic Islands.

A survey on Christmas spending conducted on the island shows that every Balearic household will spend an average of €333 on Christmas gifts, which is €58 more than in the rest of the country. However, figures indicate that Balearic Islands residents will spend less on food (€253) during the festivities than the average Spaniard (€268).

Data shows that 74 per cent of respondents think that when it comes to spending money, there is nothing more important than Christmas Eve dinner and Christmas lunch, followed by gifts (72 per cent) and New Year’s Eve dinner and New Year’s lunch (56 per cent).