According to a 2023 survey by Rakuten Insight on inflation in the Philippines, the majority of respondents across all age groups indicated that their ability to pay for basic necessities such as food, clothing, healthcare were most affected by the rising prices. Meanwhile, over half of the 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, by age group
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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, by age group [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1379046/philippines-household-spending-most-impacted-by-inflation-by-age-group/
Rakuten Insight. "Aspects of basic household expenditures that were affected by inflation in the Philippines as of March 2023, by age group." Chart. April 12, 2023. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1379046/philippines-household-spending-most-impacted-by-inflation-by-age-group/
Rakuten Insight. (2023). Aspects of basic household expenditures that were affected by inflation in the Philippines as of March 2023, by age group. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1379046/philippines-household-spending-most-impacted-by-inflation-by-age-group/
Rakuten Insight. "Aspects of Basic Household Expenditures That Were Affected by Inflation in The Philippines as of March 2023, by Age Group." Statista, Statista Inc., 12 Apr 2023, https://www.statista.com/statistics/1379046/philippines-household-spending-most-impacted-by-inflation-by-age-group/
Rakuten Insight, Aspects of basic household expenditures that were affected by inflation in the Philippines as of March 2023, by age group Statista, https://www.statista.com/statistics/1379046/philippines-household-spending-most-impacted-by-inflation-by-age-group/ (last visited December 03, 2024)
Aspects of basic household expenditures that were affected by inflation in the Philippines as of March 2023, by age group [Graph], Rakuten Insight, April 12, 2023. [Online]. Available: https://www.statista.com/statistics/1379046/philippines-household-spending-most-impacted-by-inflation-by-age-group/
