Twisto: Czechs to spend more on clothes and holidays

Published: 22.06.2021 Related countries:  Thailand Thailand

Up to two-thirds of Czechs expect increased expenditures in the coming months due to the ending pandemic.

They intend to spend the most on things they could not purchase due to the restrictions, such as clothing, shoes and holidays. The majority of them will buy their holiday in the Czech Republic using their savings, according to data from a survey conducted by Perfect Crowd for fintech start-up Twisto. In the summer, people also intend to spend money on house and garden equipment, culture and entertainment. Twisto marketing director Pavel Rath said that the company reported a record-high volume of transactions in May 2021. Customers paid goods worth CZK 250m via Twisto.

Source: Czech AM News

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