A leading market research company found that people worldwide are 'still feeling the pressure' of further price increases even though inflation rates may
A leading market research company found that people worldwide are “still feeling the pressure” of further price increases even though inflation rates may actually be falling.
When asked how long do you think it will take before inflation returns to normal in your country, 28 percent of Filipino respondents said ‘never,’ against 27 percent who are hopeful it will ease ‘within the next six months,’ and 26 percent who believe prices will get better ‘in the next three months.’
Moreover, people are more likely to feel worse off than four years ago, as seven percent of global respondents reported they are worse off than before the pandemic. An increasing number of people attribute immigration as a driver of inflation. This translates to four percent increase to 56 percent of respondents since April. Citing official data, Ipsos said inflation rates in many countries are at their lowest for three to four years.
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