Germans lead European spending during Black Friday and Cyber Monday sales

euronews.com November 29, 2024, 04:01 PM UTC

Germans, Austrians, and French consumers are expected to spend the most during Black Friday and Cyber Monday, with spending predicted to rise by 175%. About 61% of shoppers in Spain, the UK, Italy, France, and Germany plan to participate. Germans have the highest average budget at €251, followed by Austrians at €219 and French shoppers at €206. Most shoppers focus on electronics and clothing, with 66% targeting computers and 54% interested in fashion items. This year, the biggest discounts are expected on electronics (30%), toys (27%), clothing (23%), and furniture (19%). Last year's Black Friday sales increased by 175%, while Cyber Monday saw a 58% rise.


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