Survey: 7 out of 10 Romanians expect higher expenses in August due to holidays
Roughly 7 out of 10 Romanians estimate that they will spend more in August than in a usual month, and for almost half of them the difference is significant, as they anticipate expenses at least 26% higher, according to a survey conducted…
Radu Dumitrescu · Journalist
· Updated · 2 min read
Roughly 7 out of 10 Romanians estimate that they will spend more in August than in a usual month, and for almost half of them the difference is significant, as they anticipate expenses at least 26% higher, according to a survey conducted by Raiffeisen Bank Romania in partnership with Appinio.
Summer holidays, going out, and home projects weigh heavily on the budgets of Romanians. Around 61% of Romanians said they continued to allocate the most money to current expenses, while 40% say they spend more on outings and recreational activities, 39% on holidays in Romania, 33% on home renovations and improvements, and 32% on weekend trips and city breaks.
