Europeans want to spend money on travel - but also on the home

In the wake of the coronavirus restrictions, Europeans are concentrating their spending intentions on travel and leisure, but the home still ranks high on the list. This was revealed by a consumer survey by Consors Finanz, although the survey dates from autumn 2021.

The desire to spend money on travel and leisure had increased the most among the consumer intentions surveyed, increasing by 10 percentage points, according to the survey. 57 per cent of respondents expressed this opinion.

Spending on home improvement and home renovation increased by 3 percentage points to 37 per cent of respondents, while willingness to spend on DIY or garden equipment rose by one point to 32 per cent.

The survey is published by Consors Finanz annually. It was conducted by Harris Interactive from 5 to 19 November 2021 in 17 countries: Austria, Belgium, Bulgaria, the Czech Republic, Denmark, France, Germany, Hungary, Italy, Norway, Poland, Portugal, Romania, Slovakia, Spain, Sweden and the UK. In total, more than 15,800 people aged between 18 and 75 were interviewed (online survey via CAWI). The respondents were selected from a representative national sample of the respective country.

The intention to spend by segment and country can be found in the attached tables: