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Wednesday, May 1, 2024

Price hikes affect Pinoys ‘strongly’

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MOST of the people recently surveyed by Pulse Asia said they were strongly affected by an increase in the prices of basic commodities early this year.

The survey, conducted from March 23 to 28 using face-to-face interviews, showed 86 percent of the Filipinos polled across all regions said they “strongly” felt the impact of the price increases. 

Meanwhile, Malacañang on Friday welcomed the results of another survey showing fewer Filipinos considered themselves poor.

“We are pleased to note that Filipino families who consider themselves poor continue to decrease, and to a record-low 42 percent in March 2018,” Presidential Spokesman Harry Roque said in a  statement.

The survey by Social Weather Stations was conducted from March 23 to 27, and it said the latest figure was less than the 44 percent registered in December last year.

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Thirteen percent of those surveyed by Pulse Asia  said they were somewhat affected by the price increase, while only 1 percent said did not feel the effects.

The survey noted that 98 percent of those polled said they noticed that the prices of the commodities they usually bought had gone up since January 2018.

The survey said price increases were noticeable in food, electricity, transportation, medicine and water.

The nationwide survey covered a sample of 1,200 representative adults aged 18 years old and above and had a ±3 percent margin of error at the 95- percent confidence level.

The subnational estimates for each of the geographic areas covered in the survey”•Metro Manila, the rest of Luzon, Visayas and Mindanao”•had a ±6 percent margin of error, and also at the 95- percent confidence level.

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