Inflation, wage hikes remain top concerns among Filipinos – survey

Rising prices of goods and calls for salary increases remain the top concerns of many Filipinos, according to a study by OCTA Research.

This was observed even before the impact of the Middle East crisis.

In its Tugon ng Masa survey conducted from March 19 to 25, 45% of respondents identified inflation as the country’s leading problem.

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This was followed by wage increase at 33%, graft and corruption in government at 26%, and access to affordable food at 24%.

The study noted that the results serve as a pre-shock baseline, as they were gathered before the rise in fuel, transportation, and other costs.

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Meanwhile, the Bangko Sentral ng Pilipinas (BSP) has released its inflation forecast for April.

According to the central bank, inflation may range between 5.6% and 6.4%, faster than the 4.1% recorded in March.