According to a 2023 survey by Rakuten Insight on inflation in the Philippines, the majority of respondents indicated that their ability to pay for basic necessities such as food, clothing, healthcare was affected by inflation. Meanwhile, around 53 percent of survey participants said they were unable to save due to inflation.
Aspects of basic household expenditures that were affected by inflation in the Philippines as of March 2023
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Rakuten Insight. (April 12, 2023). Aspects of basic household expenditures that were affected by inflation in the Philippines as of March 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1379040/philippines-household-spending-most-impacted-by-inflation/
Rakuten Insight. "Aspects of basic household expenditures that were affected by inflation in the Philippines as of March 2023." Chart. April 12, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1379040/philippines-household-spending-most-impacted-by-inflation/
Rakuten Insight. (2023). Aspects of basic household expenditures that were affected by inflation in the Philippines as of March 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1379040/philippines-household-spending-most-impacted-by-inflation/
Rakuten Insight. "Aspects of Basic Household Expenditures That Were Affected by Inflation in The Philippines as of March 2023." Statista, Statista Inc., 12 Apr 2023, https://www.statista.com/statistics/1379040/philippines-household-spending-most-impacted-by-inflation/
Rakuten Insight, Aspects of basic household expenditures that were affected by inflation in the Philippines as of March 2023 Statista, https://www.statista.com/statistics/1379040/philippines-household-spending-most-impacted-by-inflation/ (last visited November 21, 2024)
Aspects of basic household expenditures that were affected by inflation in the Philippines as of March 2023 [Graph], Rakuten Insight, April 12, 2023. [Online]. Available: https://www.statista.com/statistics/1379040/philippines-household-spending-most-impacted-by-inflation/