Index - Economy - It's not possible to shop early enough for Christmas, prices may drop by the end of the year

Index – Economy – It’s not possible to shop early enough for Christmas, prices may drop by the end of the year

2021.10.17. 12:10

With only two months left until Christmas, it’s worth considering holiday expenses now. The money centerExperts suggest that we get gifts long before Christmas, it is not worth waiting until December to buy gifts.

Not only because time may be running out, but also because the store is running out of stock. It is feared that the product ordered from abroad may not arrive anymore, plus if we leave the purchase at the last minute, we may regret more money than we wished.

Travel and baking, which we usually spend more on during Christmas time than at any other time of the year, may be much more expensive this year. This is due to the sharp rise in fuel and food prices.

According to the latest available data, annual inflation rose to 5.5 percent in September, from 4.6 percent in July to 4.9 percent in August. Within this, food became 4.4 percent more expensive.

There was no doubt that inflation would rise in September, but the rate of increase also surprised analysts. According to the comments of experts, we can expect that the rate of increase in prices will continue to increase only until the end of the year: in November, it may reach 6.5 percent.

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