According to a 2023 survey conducted in the Philippines, approximately 36.44 percent of respondents perceive their purchasing power to slightly decrease. The same survey also found that nearly half of the respondents in the Philippines suffered somewhat from the negative impact of inflation.
Perceived change in purchasing power among consumers in the Philippines as of January 2023
Characteristic
Share of respondents
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Standard Insights. (April 5, 2023). Perceived change in purchasing power among consumers in the Philippines as of January 2023 [Graph]. In Statista. Retrieved July 05, 2024, from https://www.statista.com/statistics/1381720/philippines-perceived-change-in-purchasing-power/
Standard Insights. "Perceived change in purchasing power among consumers in the Philippines as of January 2023." Chart. April 5, 2023. Statista. Accessed July 05, 2024. https://www.statista.com/statistics/1381720/philippines-perceived-change-in-purchasing-power/
Standard Insights. (2023). Perceived change in purchasing power among consumers in the Philippines as of January 2023. Statista. Statista Inc.. Accessed: July 05, 2024. https://www.statista.com/statistics/1381720/philippines-perceived-change-in-purchasing-power/
Standard Insights. "Perceived Change in Purchasing Power among Consumers in The Philippines as of January 2023." Statista, Statista Inc., 5 Apr 2023, https://www.statista.com/statistics/1381720/philippines-perceived-change-in-purchasing-power/
Standard Insights, Perceived change in purchasing power among consumers in the Philippines as of January 2023 Statista, https://www.statista.com/statistics/1381720/philippines-perceived-change-in-purchasing-power/ (last visited July 05, 2024)
Perceived change in purchasing power among consumers in the Philippines as of January 2023 [Graph], Standard Insights, April 5, 2023. [Online]. Available: https://www.statista.com/statistics/1381720/philippines-perceived-change-in-purchasing-power/