Over half to spend less on Sinterklaas gifts

With the holiday season looming, Dutch bank ING has conducted a public survey and established that over half of the Dutch intends on spending less on Sinterklaas gifts this year. Considering that the confidence and buying power in the majority of consumers is higher this year, compared to last year, the ING has said that they find the result of their survey very peculiar. After interviewing a panel of over 77,000 members of the public, the institute has determined that over thirty-five percent of the population do not intend on buying Christmas presents, or Sinterklaas gifts this year. One in six respondents will celebrate both days with gifts while the remaining half of the surveyed public will purchase gifts on either one day or the other, but not on both. The survey results also indicate that the average Dutch will spend more or less €75 on gifts this year, compared to the €80 spent on gifts in 2013.