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A businessman is holding dominoes on a table, contemplating the consequences of the Administration's Inflation Strategy.

Pulse Asia Survey Reveals Public Sentiment on Administration’s Inflation Strategy

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Pulse Asia Survey Reveals Public Sentiment on Administration’s Inflation Strategy

by Richie
01/08/2024
in Economic Indicators, Global Trade

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A recent Pulse Asia survey sheds light on Filipinos’ opinions regarding the government’s handling of their top concern—inflation. The survey, released on Monday, highlights that controlling inflation remains the primary national concern for a significant majority of Filipinos.

Key findings from the survey conducted in December 2023 include:

Inflation Concerns:

  • 72% of respondents identified controlling inflation as their primary worry.
  • Only 9% of respondents expressed approval for the government’s efforts to address inflation.

Top Concerns:

  • Controlling inflation: 72%
  • Increasing worker salary: 40%
  • Job creation: 28%
  • Poverty reduction: 25%

Administration’s Approval Ratings:

  • The administration received its highest disapproval rating (73%) concerning the issue of controlling inflation.
  • The survey underlines that controlling inflation is a critical concern for the majority of adults in the country.

Approval of Specific Initiatives:

  • 34% of respondents approved of the government’s approach to increasing workers’ salaries.
  • 45% of Filipinos expressed approval of the government’s efforts in job creation.
  • 24% of respondents approved of the administration’s programs aimed at reducing poverty.

The survey, conducted from December 3 to 7, involved 1,200 respondents, with a margin of error of ± 2.8% and a confidence level of 95%. The findings provide valuable insights into public sentiment regarding the administration’s strategies to address key economic concerns.

Your source for supply chain report news updates: The Supply Chain Report. For international trade insights and tools, head to ADAMftd.com.

#PulseAsiaSurvey #InflationConcerns #FilipinosOpinion #GovernmentApproval #EconomicIssues #JobCreation #WorkerSalaries #PovertyReduction #PhilippinesEconomy #PublicSentiment

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