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Eight out of ten households are concerned about rising prices

8 out of 10 Peruvian households will be worried about inflation by 2023 | Font: Andean

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For 81.5% peruvian housesYes, price increases and inflation, which is over 8%, is one of their main concerns, and they fear that the situation will get worse next year. This is stated in a study by Kantar Division Worldpanel.

Recall that since July last year, inflation has exceeded the target range and caused an increase in base interest rates Central Reserve Bank, even the same organization showed that in August of this year monthly salary Peruvians lost 2% of their purchasing power; that is, people buy 2% fewer products than last year.

But this is not the only concern of families, as six out of ten households are concerned insecurity and violence in the country.

Households are also no strangers to a world reality affected by global economic crisis exacerbated by the conflict between Russia and Ukraine.

Another factor that worries 30.7% of households is the uncertainty about the education of children. Recall that after two years of the pandemic, students weakened their educational base because virtual classrooms did not provide the same quality of education.

Analyzing the responses across socioeconomic levels, we find that the upper strata are those who are most concerned about rising prices and insecurity, but in A/B in third place is health (55%), while in NSE B, C and D the third main concern is a possible global economic crisis. On the other hand, while A/B, C, and D have corruption as the fifth biggest problem, NSE E is more concerned about losing or not getting a job.

Other issues that also worry Peruvian households in the face of 2023: the inability to pay debtspolitical/social crisis, natural disasters, pollution, higher incomes and, to a lesser extent, work-life balance.

On the other hand, when classifying the study by region, we can find that in the east of Peru, inflation and the global economic crisis are the main problems, while in the south, inflation and health.

Source: RPP

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