In the coming weeks, major businesses will start filling their windows with posters sponsoring “back to school,” a phenomenon that families with children have to cut spending on during the holidays. While it’s all about stress, long shopping lists or department store visits, This new course will be characterized by an increase in monetary value. Prices and inflation were the main reason for households’ anxiety and why they saved all summer. According to a report prepared by Idealo.es, a family can spend an average of 425 euros per child, despite some claiming to reach and exceed 500 euros.
Parents stress that the cost of fuel for their children’s travel could be their biggest expense, followed by textbooks and other school supplies, according to the Appinio report. Let’s do without whims and personal expenses, they begin to look closely at discounts and special promotions, what new measures are being taken by the respondents. Not only that, they would also choose to forego extracurricular activities, bring food from home instead of using the center’s canteen, and even move from a private school to a public school.
Specific, average family expenses will be from 200 to 500 euros, According to data collected by Privalia. However, some of the respondents claim that they are far reaching and even exceeding this figure. Expenses will be made this month, August, so that families can take advantage of the second summer sale and compare prices in different places before buying, and thus contribute to reducing the family budget. These purchases represent a “key point” in household spending, as for many of them They can make up almost 30% of your salary.
The president of the Catholic Confederation of Parents and Parents of Students (CONCAPA), Pedro Caballero, assured in statements to EP that “the cost of the new school year has increased by 25-30% compared to other years.” In addition, he stated that families have reduced the type of vacation and that they will continue to travel, but to a lesser extent. If it was normal for families to go out “for 15 or 20 days”, in the current situation, they might be going out for a week, so “These small savings will be invested in the family budget” to deal with the price increase for “back to school” this year, concluded.
What publishers are doing in the face of the challenge
The president of the National Association of Book and Education Publishers (ANELE) told EFE that rising production costs will affect publishers in the economy as a whole. However, companies are doing their best to do not transfer the entire increase to the end consumer production costs. In fact, if we look at what has happened in recent years, textbooks have not been inflationary objects,” he concluded. He also assured that the calculation of the cost of sales for this year will be complicated by the change in curricula and the entry into force of the new Selaa Law.
While publishers are trying not to burden consumers with rising production costs, families are increasingly lean more towards digitizing books text to fight price increases, as digital manuals can cost up to half the price of traditional paper manuals. In addition, another of the measures that will be implemented is the reuse of products from previous years. or order used materials relatives, acquaintances, associations or even regional assistance.
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