Spain's 2025 Christmas: Empty carts, high fish prices

Fish costs €60/kg vs. last year’s €80-90; unsold turrón and empty lots signal cooling holiday spending in Spain.

English · Original discussion in Spanish · Published

Spain's 2025 Christmas: Empty carts, high fish prices
Christmas 2025: Full shelves, empty carts

On a Saturday afternoon during the pre-Christmas rush, a hypermarket butcher counter was deserted. Only six or seven people remained at the fishmonger’s stall. Upon leaving, checkout lines moved smoothly, and parking right by the entrance was available. The observer emphasizes the nuance: this was pre-Christmas, not a quiet Tuesday in February. The next day, Sunday noon, showed the same pattern at another shopping center: easy parking and some foot traffic, but nowhere near the crowds of previous years.

This account is not an isolated impression. Throughout the discussion thread, participants report visits to supermarkets, fish markets, malls, and restaurants with a recurring conclusion: goods are stocked and offers exist, but buyers are missing. Turrón remains piled on shelves ten days before Christmas Eve. Suchard chocolate has dropped to €3.99. Still no sales.

The fish that discounts itself

The most cited indicator isn’t turrón, it’s besugo (sea bream). According to testimonies, fishmongers are cutting prices: €60 per kilo compared to €80 or €90 last year. This discount isn’t read optimistically: prices aren’t falling due to oversupply, but because consumers can’t afford them. The same diagnosis applies to Christmas sweets, which have sat unchanged for weeks.

The pattern repeats in dining out. High-end restaurants fill up, but with caveats: regulars admit maintaining the full Christmas calendar—company parties, alumni reunions, family dinners, friends’ gatherings—is "damn expensive," with events continuing past Three Kings Day. Hospitality survives on accumulated commitments, not spending enthusiasm.

Is this the crisis tipping point?

This question runs through the entire thread without a single answer. One view argues this marks the start of another contraction cycle, with cumulative inflation eroding real wages annually, describing the scenario as 2008 reloaded. A more uncomfortable stance denies any inflection point: Spain hasn’t been in crisis for 17 years; Spain is just like this. It is argued that the extraordinary period was 1998–2008, not what trinc.

In between lies the data best summarizing silent erosion. A personal memory exercise compares a dozen eggs and net salary over three years: the product rose from €1.95 to €3.15 (+160%), while salaries increased from €1,432 to €1,578 (+110%). The result, according to this calculation, is being 30% poorer in three years. Shopping is limited to essentials.

Black Friday without fever and disappearing company hampers

Changing habits aren’t measured only by shopping carts. In a group of fifty people from various social classes, no one bragged about Black Friday purchases, unlike previous years when links were shared. Christmas food hampers have fallen out of fashion, and foreign trips have been replaced by hometown visits, rural houses, and nearby stays. Several companies stopped funding end-of-year meals, forcing employees to pay out of pocket.

A long-time hypermarket department worker offers the longest perspective: pre-pandemic, November started with Black Friday and didn’t stop until Three Kings Day. Now there are "very, very, very quiet" afternoons, with sporadic peaks nothing like before. They place the turning point here, in changed consumption patterns.

Freezing in November to avoid paying in December

There’s a logistical explanation competing with financial constraints: according to one participant, many bought meat and fish a month early and froze it. Ten days before Christmas Eve, fresh goods sell poorly, and shops reluctantly maintain prices. The cultural consequence is deeper: the era of hosts splurging on spider crabs, razor clams, goose barnacles, and lobsters is over. Even fried eggs with potatoes cost double what they did a year ago, per the same calculation.

Not everyone sees the same reality. Some describe Asturias as bustling, with Gijón, Oviedo, and coastal areas impossible to visit without booking two weeks ahead, and cachopo dishes rising from €16 to €25. Conversely, others summarize their Christmas as four meals and a packed schedule until after Three Kings Day. Both can be true simultaneously: spending concentrates where it already did.



One disorienting fact remains. In a hypermarket, just days before Christmas Eve, shelves of turrón and sweets remained full. The conclusion mirrors that of fish and parking: there’s no money. With these price differentials, the drop in Christmas consumption should be more visible in official statistics. At the checkouts, it already is.

Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (180 replies).

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