Opinion on likelihood for faster price than income increase Philippines 2023

Published by C. Balita, Feb 5, 2024

According to a survey on global advisor predictions in 2023, 82 percent of the respondents from the Philippines indicated it was likely that the prices in the Philippines will increase faster than people's incomes. In comparison, 15 percent said this was unlikely to happen. 

Opinion on the likelihood for prices to increase faster than people’s income among respondents in the Philippines as of November 2023

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Release date

December 2023

Region

Philippines

Survey time period

October 20 to November 3, 2023

Number of respondents

1,000 respondents

Age group

16-74 years

Method of interview

Online survey

Supplementary notes

Original question: "For each of the following, please tell me how likely or unlikely you think they are to happen…? Prices in my country will increase faster than people’s incomes."

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