According to a 2023 survey by Rakuten Insight on inflation in the Philippines, the majority of respondents indicated that they were most affected by the increase of groceries prices. Price increase in fuel and gas was also impactful to Filipino consumers, as stated by 61 percent of respondents.
Price increase on goods and services that affected consumers the most in the Philippines as of March 2023
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Share of respondents
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Rakuten Insight. (April 12, 2023). Price increase on goods and services that affected consumers the most in the Philippines as of March 2023 [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1379012/philippines-price-change-on-goods-and-services-affecting-consumers/
Rakuten Insight. "Price increase on goods and services that affected consumers the most in the Philippines as of March 2023." Chart. April 12, 2023. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1379012/philippines-price-change-on-goods-and-services-affecting-consumers/
Rakuten Insight. (2023). Price increase on goods and services that affected consumers the most in the Philippines as of March 2023. Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1379012/philippines-price-change-on-goods-and-services-affecting-consumers/
Rakuten Insight. "Price Increase on Goods and Services That Affected Consumers The Most in The Philippines as of March 2023." Statista, Statista Inc., 12 Apr 2023, https://www.statista.com/statistics/1379012/philippines-price-change-on-goods-and-services-affecting-consumers/
Rakuten Insight, Price increase on goods and services that affected consumers the most in the Philippines as of March 2023 Statista, https://www.statista.com/statistics/1379012/philippines-price-change-on-goods-and-services-affecting-consumers/ (last visited June 18, 2024)
Price increase on goods and services that affected consumers the most in the Philippines as of March 2023 [Graph], Rakuten Insight, April 12, 2023. [Online]. Available: https://www.statista.com/statistics/1379012/philippines-price-change-on-goods-and-services-affecting-consumers/