ISLAMABAD – More than 80 percent of Pakistanis say they downgraded theirlifestyle as their income was merely increased as compared to the risingprices.
The survey conducted by Ipsos, Paris-based market research and consultingfirm, in June-July, revealed that over 81 percent of Pakistanis considerskyrocketing inflation as their top concern, while more than half ofrespondents are fearing unemployment.
It added that at least 31 percent were concerned about poverty and socialinequality, while just 28 percent were bothered by corruption and 16percent by education quality.
Besides the elite class, 94 percent of citizens are of the view that pricessoared in the last 12 months and they are spending more today on living asrising oil prices deeply affect the country’s economy that was not totallyrecovered its pre-pandemic level.
The survey also found that nearly half of Pakistanis have already takenmeasures or planning on taking further steps to counter the soaring prices.
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More than 90 percent of the respondents said they were buying onlynecessities, while 90 percent are having home-cooked meals more often.
Further breakdown of the survey reveals that half respondents blamed globaloil prices as the key reason behind inflation in the South Asian nation.However, 38 percent of Pakistanis believe prices will stabilize in thecoming years.
ISPOS also conducted the opinion of respondents of different genders acrossseven countries in the Middle East, North Africa, Afghanistan, and Pakistanregion by conducting online or telephonic interviews with 4000 respondents– 500 per country.