A majority of Filipinos disapproved of the Marcos administration’s performance in addressing inflation or the rate of the increase in the prices of basic goods and services, a recent survey by Pulse Asia showed.
The poll, held from March 15 to 19, found that 52 percent of Filipinos are dissatisfied with the government’s response to control inflation.
Only 25 percent of Filipinos surveyed approved of the government’s performance in reining in inflation, while 23 percent were undecided.
Most of the respondents or 63 percent of them considered inflation “one of three most urgent issues,” followed by wage hike and job creation.
Pulse Asia released last April 12 the results of the survey, which was participated by 1,200 adult Filipinos across the country.
Inflation eased to 7.6 percent in March but still missed the government’s target of just about 2-4 percent for the said month.
[READ: Inflation slows down to 7.6% in March]
The pollster said the nationwide survey has a ± 2.8 percent margin of error and has a 95 percent confidence level.
A high inflation rate reduces the purchasing power of consumers and makes it more expensive to maintain the same standard of living, affecting people differently, especially those with lower incomes.
[READ: SWS: 48% ng mga Pinoy umaasang bubuti ekonomiya]
Thumbnail photo made via Canva
