8 things that will cost more this holiday season – Business on NBCNews.com
It’s hard enough to scrimp up enough discretionary cash to pay for holiday gifts. But for Ben Tischler of New York City, getting ready for the holidays also means preparing to wed his fiancee, Alicia.
It has been especially taxing since he learned that jewelry prices would be higher this season.
“Everything was more expensive than I expected. The jeweler told me the price of gold has skyrocketed,” Tischler says. “This clearly isn’t the kind of thing I can wait to buy to see if prices come back down, so I bit the bullet.”
This holiday season could be a mixed bag for consumers, retail experts say. Electronics such as big-screen televisions keep going down, but if you want that laptop that turns into a tablet — Microsoft Surface, anyone? — or that fancy new camera, expect to pay a bit more than last year. And some traditional gift items could also take more of a bite out of your wallet as stores tap into the growing trend of using well-known designers or celebrities to hawk their goods.
All in all, prices are about 2 percent higher than last holiday season, according to the Bureau of Labor Statistics. Here are eight things that will cost you more this season.
Posted on December 21, 2012, in Article and tagged Ben Tischler, Bureau of Labor Statistics, Christmas, Christmas and holiday season, Microsoft Surface, NBC News, NBCNews.com, New York City, Shopping, Tischler. Bookmark the permalink. Leave a comment.