What was the average amount parents spent per child on Christmas presents in 2012?

The average amount parents spent per child on Christmas presents in 2012 was £312. This figure is significant as it reflects consumer behavior and economic conditions during that year, where families often allocated considerable budgets for holiday spending on gifts. The figure of £312 represents a data point collected from various surveys and studies aimed at understanding how much parents were willing to invest in their children's happiness and holiday experiences, taking into account factors like inflation, economic stability, and cultural practices surrounding Christmas gift-giving. This average is also important for marketers and businesses to ensure they are aligning their products and pricing with consumer expectations and spending habits during the holiday season.