- Spanish families now face the most expensive Christmas dinner, with a typical meal costing €67.07 for a family of four.
- British and Australian families face major price hikes as the cost of turkey and trimmings and barbecues rise by around a third.
- French and German families to benefit from sizable price reductions this year.
Wednesday 18th December 2024 – Families in Spain are facing the most expensive Christmas dinner this year, according to a study of twelve countries by trading and investment platform eToro.
eToro looked at local supermarket prices of traditional Christmas cuisine and found that a typical Spanish Christmas meal of stuffed turkey alongside trimmings will cost €67.07 for a family of four, up 2% since last year. Meanwhile, the typical Romanian Christmas feast of sarmale and accompaniments, such as sour cream and hot peppers, would cost a family of four less than €18.41.
This year’s findings reveal a significant shake-up in the rankings. French households, who faced the heftiest Christmas dinner bill last year, are now expected to see a dramatic price reduction, with the cost of the traditional French meal of stuffed turkey falling to €58.60, a 28% drop since 2023. German households also enjoy a significant price reduction of 17% compared to last year.
Meanwhile, UK families are facing a surprising surge in costs, with the price of a turkey and the trimmings skyrocketing by 36% to €44.61, up from €32.80 in 2023. This marks the largest increase in the study as the UK becomes one of the most expensive countries for Christmas dinner this year, with rising turkey prices, attributed to increased production costs and inflationary pressures impacting British farmers.
Australians will also experience higher prices this year, with the cost of a traditional Christmas barbecue 30% higher, at €50.35, as prices for certain staple foods including bread continue to rise and demand for Australian beef grows internationally. Falling wholesale prices for prawns have not resulted in lower prices for consumers this Christmas – with prawn skewers priced $2.79 higher than last year at the supermarket.
Commenting on the data, eToro Analyst Sam North said: “This year, families across the world are experiencing different inflationary realities as they stock up their fridges and pantries for Christmas. Many markets are still seeing price hikes, some of which are dramatic, as in the UK and Australia, while others such as France and Germany are seeing sizable reductions in consumer prices for Christmas food staples.
“The data shows that inflationary pressures are often strikingly local, with even countries which share land borders and free trade agreements nonetheless experiencing significant price divergence in supermarket prices this Christmas.”
Table: Christmas Dinner Costs Across 12 Countries (2024)
| Rank | Country | Traditional Christmas dish | Cost (€) | Change YoY (%) |
| 1 | Spain | Turkey & trimmings | 67.07 | +1.6% |
| 2 | France | Stuffed turkey | 58.66 | -28% |
| 3 | Germany | Goose & trimmings | 55.46 | -17% |
| 4 | Italy | Tortellini in broth | 51.90 | +7% |
| 5 | Australia | Barbecue | 50.35 | +30% |
| 6 | Netherlands | Pork Roulade | 45.96 | +7% |
| 7 | UK | Turkey & trimmings | 44.61 | +36% |
| 8 | Denmark | Pork roast | 38.10 | +3% |
| 9 | Poland | Sauerkraut & mushroom pierogi | 37.50 | +13% |
| 10 | Czech Republic | Carp, soup, schnitzel, potato salad | 34.32 | -2% |
| 11 | USA | Turkey & trimmings | 31.53 | -18% |
| 12 | Romania | Sarmale with mamaglia | 18.41 | +5% |
Food price inflation has continued to rise globally this year, with the latest EU food inflation figure at 2.4%, whilst the corresponding figure for the UK is 1.9%, and the US far lower at 0.1%.
ENDS
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Notes to editors
Data was collected in November 2024. Currency exchange rates were taken on 12th November: AUD/EUR – 0.62; EUR/USD – 1.06; GBP/EUR – 1.21.
The countries included in the study are countries in which eToro has analysts or teams on the ground able to collect reliable, robust data. Costs were based on a traditional Christmas main course dinner, for a family of four, with ingredients sourced from a leading local supermarket chain.
Please get in touch if you would like a breakdown of ingredient prices for individual countries, along with the source of the prices.
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