Christmas cost hike faced by millions of households amid supply crisis

Christmas cost hike faced by millions of households amid supply crisis

Have yourself a very costly Christmas is not how the festive favourite goes but it is on the cards for millions of households this year.

Consumers face a bitter cocktail of soaring prices as they feel the financial pinch in the run up to December.

The global economic recovery from the COVID-19 pandemic has caused a worldwide supply crunch, significantly driving up the cost of raw materials and shipping, which inevitably ends up being passed on to the customer in the end product.