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A THIRD of people in Wales say they are feeling the economic pinch more this year than last, according to research.

The survey of 2,000 people by Travelodge showed just 15% of people in Wales feel we are coming out of recession - but the average festive spending is still set to climb by about PS4 per household.

It means Welsh households will be spending an average of PS482 this festive season compared to PS478 for Christmas 2011.

But 40% also said they think Christmas has become a commercial money spinner for retailers and this year they are going to adopt a much more "savvy" approach to spending.
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Publication:South Wales Echo (Cardiff, Wales)
Date:Nov 14, 2012
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