More Filipinos say quality of life got better, despite higher food cost – SWS survey

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More Filipinos say quality of life got better, despite higher food cost – SWS survey
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34% of Filipinos said life got better in 2022 despite higher food costs, while 26% said it got worse, and 39% said life stayed the same in the past 12 months.

MANILA, Philippines – Even though most food prices went up as the Philippines hit a 14-year-high inflation rate in 2022, more Filipinos or 34% felt like life got better, according to a Social Weather Stations survey report published on Wednesday, January 25.

Kung ikukumpara ang uri ng inyong kasalukuyang pamumuhay sa nakaraang 12 buwan, masasabi ba niyo na ang uri ng inyong pamumuhay ay…mas mabuti ngayon kaysa noon , kapareho ng dati, o mas masama ngayon kaysa noon ?”The Philippines recorded 8.1% inflation in December and 5.8% for the whole 2022. This is an improvement from the SWS’ October survey, where 29% of respondents said life got worse .

During this period, the ratings increased in balance Luzon by two points from +8 to +10. It rose from mediocre to fair in the Visayas, up by 9 points from -13 to -4. It rose most dramatically in Mindanao from mediocre to very high, up by 21 points from -11 to +10.

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