28% of households have no planned spending this summer

As many as 28.2% of households in Poland do not plan to spend any money on vacations, according to a survey by the Association of Financial Companies in Poland (ZPF) and the Institute of Economic Development at the Warsaw School of Economics (IRG SGH).

Meanwhile, 17% of Poles intend to increase their vacation spending compared to the previous year. The survey indicates that rising inflation is leading to cost-cutting measures, with many people reducing or even giving up on vacations altogether.

The highest rate of reduced spending is seen among households with monthly incomes below PLN 1,000 per person and in small towns. The study provides valuable insights into consumer finance trends and helps predict consumer behavior regarding taking on new financial obligations.

Source: inwestcyje.pl