December 26


LONDON, December 26, 2010 - Consumers plan to panic-buy prior to the VAT increase - Thirty-one percent of consumers plan to increase their spending before the VAT increase in order to take advantage of pre-VAT prices Panic shoppers spend on big-ticket items pre-VAT - Forty-seven percent said they would spend money on home furnishings and appliances prior to the VAT increase - Forty-two percent of shoppers indicated that they plan to spend money on desktop computers/laptops before the VAT increase - Forty percent indicated they would purchase other consumer-related electronics prior to the VAT increase - Thirty-eight percent said they would spend extra money on clothing and shoes before VAT Consumers are divided when it comes to cutting back after the VAT increase - Fifty percent of consumers plan to cut back on spending after the VAT increase - Fifty percent of consumers do not plan to cut back on spending after the VAT increase Consumers will cut back post-VAT on nonessentials - Thirty percent of respondents indicated evenings out (dinner and cinema) were among the listed areas where they plan to cut back after the VAT rise - Twenty-nine percent of consumers will spend less on jewelry and watches post-VAT increase - Twenty-seven percent of consumers will cut back on home-furnishing and appliance purchases after the VAT increase - Twenty-five percent of consumers intend to decrease their spending on non-computer-related consumer electronics after the VAT increase - Twenty-four percent revealed they would reduce spending on clothing and shoes "In previous years, Christmas and January sales have been popular times to purchase big-ticket items.

DUBAI, United Arab Emirates, December 26, 2010 - The way you experience media on your TV will be revolutionized with the Middle Eastern & African availability of the Boxee Box by D-Link in January 2011.
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