The Inflation Expectations Survey of Households for the October-December 2013 quarter (34th round) captures the inflation expectations of 4,907 urban households across 16 cities, for the next three-month and the next one-year period. These expectations are based on their individual consumption baskets and hence these rates should not be considered as predictors of any official measure of inflation. The households’ inflation expectations provide useful directional information on near-term inflationary pressures and also supplement other economic indicators to get a better indication of future inflation.
Highlights:
-
The proportion of respondents expecting ‘general’ price rise, as also for all product groups, by ‘more than current rate’ has substantially decreased for three-month ahead as well as one-year ahead period.
-
In terms of quantitative response, three-month ahead mean and median inflation expectations of households decreased in December 2013 round as compared to the previous round. In the case of one-year ahead period, the inflation expectation has remained at a similar level as observed in the previous round.
-
About 70 per cent (77 per cent in the previous round) and 80 per cent (same as previous round) of respondents expect double digit inflation rates for three-month ahead and one-year ahead period, respectively.
-
About 32 per cent of respondents (23 per cent in the previous round) felt that RBI is taking necessary action to control inflation. Among these 32 per cent, i.e. 19 per cent of all respondents (15 per cent in the previous round), reported that RBI’s action has an impact on controlling inflation.
-
While 72 per cent of respondents (68 per cent in previous round) expected that their income/wages would increase in the next one-year period, 35 per cent of respondents expected an increase in next three-month period (same as the previous round).
Tables
Table 1: Respondents’ Profile (Category): Share in Total Sample |
Category of Respondents |
Share in Total (%) |
Target Share (%) |
Financial Sector Employees |
9.5 |
10.0 |
Other Employees |
15.3 |
15.0 |
Self-employed |
20.3 |
20.0 |
Housewives |
29.9 |
30.0 |
Retired Persons |
9.8 |
10.0 |
Daily Workers |
10.1 |
10.0 |
Others |
5.2 |
5.0 |
Note: The above sample proportion is for the quarter ended December 2013 survey. |
Table 2: Product-wise Expectations of Prices for Three-month ahead and One-year ahead |
(Percentage of respondents) |
Round No./Survey period |
31 |
32 |
33 |
34 |
31 |
32 |
33 |
34 |
(quarter ended) → |
Mar-13 |
Jun-13 |
Sep-13 |
Dec-13 |
Mar-13 |
Jun-13 |
Sep-13 |
Dec-13 |
Options: General |
Three-month ahead |
One-year ahead |
Prices will increase |
99.4 |
99.1 |
87.3 |
86.8 |
98.7 |
98.3 |
92.5 |
92.7 |
Price increase more than current rate |
66.9 |
66.1 |
74.5 |
55.3 |
74.8 |
71.3 |
76.6 |
61.1 |
Price increase similar to current rate |
24.2 |
25.6 |
11.3 |
24.0 |
17.0 |
18.7 |
13.0 |
25.1 |
Price increase less than current rate |
8.2 |
7.5 |
1.5 |
7.5 |
6.9 |
8.3 |
2.9 |
6.5 |
No change in prices |
0.5 |
0.8 |
7.8 |
9.5 |
1.2 |
1.7 |
4.6 |
4.0 |
Decline in price |
0.1 |
0.1 |
4.9 |
3.7 |
0.1 |
0.1 |
2.9 |
3.3 |
Options: Food Product |
Three-month ahead |
One-year ahead |
Prices will increase |
99.2 |
98.2 |
84.3 |
84.8 |
98.8 |
98 |
89 |
91.5 |
Price increase more than current rate |
70.5 |
67.8 |
72.5 |
50.9 |
78.1 |
72.9 |
74.8 |
58.5 |
Price increase similar to current rate |
22.8 |
24.4 |
10.6 |
25.5 |
15.9 |
17.9 |
11.5 |
26.2 |
Price increase less than current rate |
6.0 |
6.0 |
1.3 |
8.4 |
4.8 |
7.2 |
2.7 |
6.8 |
No change in prices |
0.7 |
1.7 |
10.1 |
9.9 |
1.1 |
1.9 |
7.1 |
5.0 |
Decline in price |
0.1 |
0.1 |
5.6 |
5.3 |
0.1 |
0.1 |
3.9 |
3.5 |
Options: Non-Food Product |
Three-month ahead |
One-year ahead |
Prices will increase |
98.5 |
97.9 |
77.5 |
78.8 |
99.1 |
97.9 |
80.9 |
87.4 |
Price increase more than current rate |
58.6 |
59.0 |
66.1 |
44.6 |
71.6 |
68.2 |
67.8 |
50.4 |
Price increase similar to current rate |
30.2 |
29.9 |
10.3 |
25.4 |
21.1 |
21.9 |
11.4 |
28.5 |
Price increase less than current rate |
9.7 |
9.0 |
1.2 |
8.8 |
6.4 |
7.8 |
1.7 |
8.5 |
No change in prices |
1.4 |
2.1 |
18 |
17.6 |
0.9 |
2.1 |
14.4 |
9.4 |
Decline in price |
0.1 |
0.1 |
4.5 |
3.6 |
0.1 |
0.1 |
4.7 |
3.2 |
Options: Household Durables |
Three-month ahead |
One-year ahead |
Prices will increase |
93.3 |
89.6 |
73.6 |
75.0 |
95.4 |
95.0 |
80.1 |
84.5 |
Price increase more than current rate |
45.0 |
48.0 |
63.2 |
42.0 |
56.3 |
56.0 |
67.9 |
49.1 |
Price increase similar to current rate |
34.1 |
30.0 |
9.2 |
24.0 |
27.8 |
26.1 |
10.7 |
26.2 |
Price increase less than current rate |
14.2 |
11.6 |
1.2 |
9.0 |
11.3 |
12.9 |
1.5 |
9.2 |
No change in prices |
6.3 |
9.9 |
19.7 |
19.4 |
4.2 |
4.8 |
14.6 |
10.9 |
Decline in price |
0.4 |
0.5 |
6.6 |
5.6 |
0.4 |
0.1 |
5.4 |
4.6 |
Options: Housing Prices |
Three-month ahead |
One-year ahead |
Prices will increase |
96.8 |
97.4 |
81.9 |
89.2 |
98.0 |
97.9 |
87.3 |
93.6 |
Price increase more than current rate |
64.5 |
64.5 |
74.5 |
66.9 |
72.4 |
69.7 |
78.9 |
71.0 |
Price increase similar to current rate |
22.7 |
25.3 |
6.9 |
17.9 |
19.7 |
21.5 |
7.6 |
18.5 |
Price increase less than current rate |
9.6 |
7.6 |
0.5 |
4.4 |
5.9 |
6.7 |
0.8 |
4.1 |
No change in prices |
3.1 |
2.4 |
11.9 |
8.0 |
1.8 |
1.9 |
7.5 |
3.8 |
Decline in price |
0.1 |
0.2 |
6.2 |
2.8 |
0.1 |
0.1 |
5.3 |
2.6 |
Options: Cost of Services |
Three-month ahead |
One-year ahead |
Prices will increase |
97.6 |
96.0 |
74.9 |
82.2 |
97.4 |
96.0 |
82.8 |
89.9 |
Price increase more than current rate |
63.8 |
62.0 |
63.5 |
49.7 |
68.6 |
67.7 |
68.8 |
56.2 |
Price increase similar to current rate |
24.7 |
27.1 |
10.5 |
25.7 |
23.1 |
21.1 |
11.8 |
26.2 |
Price increase less than current rate |
9.1 |
6.9 |
0.9 |
6.8 |
5.7 |
7.2 |
2.2 |
7.4 |
No change in prices |
2.3 |
3.8 |
20.6 |
15.3 |
2.5 |
3.8 |
13.2 |
7.6 |
Decline in price |
0.1 |
0.2 |
4.5 |
2.5 |
0.1 |
0.1 |
3.9 |
2.6 |
Table 3: Expecting General Price Movements in Coherence with Movements in Price Expectations of Various Product Groups: Three-month ahead and One-year ahead |
(Percentage of respondents) |
Round No. |
Survey Quarter ended |
Food |
Non-Food |
Households durables |
Housing |
Cost of services |
Three-month ahead period |
31 |
Mar-13 |
85.5 |
83.7 |
68.1 |
80.0 |
82.5 |
32 |
Jun-13 |
85.0 |
83.5 |
69.6 |
83.8 |
83.8 |
33 |
Sep-13 |
77.9 |
69.2 |
65.9 |
69.4 |
64.2 |
34 |
Dec-13 |
72.5 |
61.9 |
56.1 |
59.8 |
60.1 |
One-year ahead period |
31 |
Mar-13 |
90.7 |
88.3 |
76.9 |
85.3 |
85.6 |
32 |
Jun-13 |
89.9 |
88.7 |
77.4 |
86.8 |
87.7 |
33 |
Sep-13 |
81.6 |
73.2 |
70.9 |
74.8 |
71.8 |
34 |
Dec-13 |
77.8 |
68.8 |
65.2 |
69.7 |
70.0 |
Table 4: Household Inflation Expectations - Current, Three-month Ahead and One-year Ahead |
Survey Round |
Survey Quarter Ended |
Inflation rate in Per cent |
Current |
Three-month ahead |
One-year ahead |
Mean |
Median |
Std. Dev. |
Mean |
Median |
Std. Dev. |
Mean |
Median |
Std. Dev. |
31 |
Mar-13 |
10.7 |
10.3 |
3.7 |
11.3 |
11.3 |
3.6 |
12.5 |
13.0 |
3.6 |
32 |
Jun-13 |
11.0 |
10.5 |
3.9 |
11.7 |
11.4 |
3.7 |
12.4 |
12.7 |
3.8 |
33 |
Sep-13 |
11.8 |
11.0 |
4.3 |
12.8 |
14.5 |
4.0 |
13.5 |
16.0 |
4.0 |
34 |
Dec-13 |
12.3 |
13.2 |
4.4 |
12.2 |
13.9 |
4.7 |
13.5 |
16.0 |
4.0 |
Table 5: Factors that Explain the Total Variability |
Round No. |
Survey Quarter |
Current |
Three-month ahead |
One-year ahead |
31 |
Mar-13 |
City, Category |
City, Category |
City, Category, Age-group |
32 |
Jun-13 |
City, Category |
City |
City |
33 |
Sep-13 |
City, Age group |
City, Age group |
City |
34 |
Dec-13 |
City, Gender, Age-group |
City, Category |
City, Category |
Note: Results based on exercise using Analysis of Variance. |
Table 6 : Various Group-wise Inflation Expectations for December, 2013 Survey Round |
| |
Current |
Three-month ahead |
One-year ahead |
Mean |
Median |
Std. Dev. |
Mean |
Median |
Std. Dev. |
Mean |
Median |
Std. Dev |
Gender-wise |
Male |
12.6 |
14.4 |
4.2 |
12.2 |
14.1 |
4.8 |
13.6 |
16.0 |
4.0 |
Female |
11.9 |
11.0 |
4.6 |
12.2 |
13.6 |
4.6 |
13.4 |
16.0 |
4.0 |
Category-wise |
Financial Sector Employees |
12.3 |
12.8 |
4.3 |
12.1 |
13.3 |
4.7 |
13.2 |
15.7 |
4.2 |
Other Employees |
12.3 |
13.4 |
4.4 |
11.9 |
12.7 |
4.6 |
13.4 |
15.8 |
4.0 |
Self Employed |
12.3 |
12.2 |
4.3 |
11.9 |
13.4 |
5.0 |
13.5 |
16.0 |
4.0 |
Housewives |
12.1 |
11.9 |
4.5 |
12.3 |
14.1 |
4.6 |
13.6 |
16.1 |
3.9 |
Retired Persons |
13.0 |
15.4 |
4.2 |
12.6 |
15.3 |
4.7 |
13.8 |
16.1 |
4.1 |
Daily Workers |
12.7 |
14.8 |
4.3 |
13.0 |
15.4 |
4.3 |
14.1 |
16.2 |
3.7 |
Other category |
11.4 |
10.8 |
4.4 |
11.4 |
12.3 |
4.7 |
12.8 |
14.6 |
4.2 |
Age-wise |
Up to 25 years |
11.8 |
10.9 |
4.4 |
12.1 |
12.9 |
4.5 |
13.3 |
15.5 |
4.0 |
25 to 30 years |
11.5 |
10.7 |
4.6 |
11.8 |
12.3 |
4.7 |
13.0 |
15.2 |
4.1 |
30 to 35 years |
12.3 |
13.6 |
4.4 |
12.1 |
14.1 |
4.8 |
13.6 |
16.0 |
4.0 |
35 to 40 years |
12.3 |
12.6 |
4.4 |
12.3 |
14.2 |
4.6 |
13.6 |
16.0 |
3.9 |
40 to 45 years |
12.5 |
14.0 |
4.3 |
12.1 |
14.0 |
4.7 |
13.6 |
16.0 |
4.0 |
45 to 50 years |
13.2 |
16.0 |
4.3 |
12.7 |
15.3 |
4.7 |
14.3 |
16.2 |
3.9 |
50 to 55 years |
12.8 |
15.4 |
4.4 |
12.0 |
14.4 |
5.0 |
13.8 |
16.1 |
4.1 |
55 to 60 years |
13.2 |
15.4 |
3.9 |
12.4 |
14.1 |
4.6 |
14.0 |
16.2 |
3.8 |
60 years and above |
13.1 |
15.4 |
4.1 |
12.3 |
15.0 |
4.8 |
13.9 |
16.1 |
3.9 |
City-wise |
Mumbai |
12.0 |
11.0 |
3.4 |
11.3 |
10.8 |
4.1 |
12.4 |
12.3 |
3.7 |
Delhi |
12.3 |
12.7 |
4.3 |
12.7 |
14.9 |
4.6 |
13.5 |
15.9 |
4.1 |
Chennai |
10.5 |
10.5 |
5.4 |
11.5 |
12.4 |
5.1 |
12.9 |
16.0 |
4.9 |
Kolkata |
13.6 |
16.1 |
3.9 |
11.5 |
12.8 |
5.2 |
13.5 |
16.1 |
4.3 |
Bangalore |
8.9 |
8.3 |
4.2 |
8.7 |
8.8 |
3.6 |
11.1 |
10.2 |
3.2 |
Hyderabad |
10.1 |
9.9 |
3.9 |
10.5 |
10.7 |
4.6 |
12.5 |
12.4 |
3.7 |
Ahmedabad |
13.3 |
15.1 |
3.4 |
14.4 |
16.1 |
2.9 |
14.5 |
16.1 |
2.8 |
Lucknow |
15.8 |
16.4 |
2.7 |
14.8 |
16.4 |
4.3 |
16.0 |
16.5 |
2.1 |
Jaipur |
14.5 |
15.9 |
3.1 |
12.9 |
15.8 |
5.0 |
14.5 |
16.1 |
3.4 |
Bhopal |
11.0 |
10.5 |
3.9 |
12.0 |
12.2 |
4.0 |
13.7 |
15.4 |
3.4 |
Patna |
12.7 |
12.0 |
3.7 |
13.0 |
15.2 |
4.4 |
15.6 |
16.4 |
2.3 |
Guwahati |
13.1 |
15.4 |
3.9 |
13.0 |
15.2 |
4.5 |
13.6 |
16.1 |
4.0 |
Thiruvananthapuram |
13.0 |
13.9 |
3.1 |
9.9 |
10.4 |
4.2 |
13.3 |
15.1 |
3.8 |
Bhubaneswar |
7.2 |
6.4 |
3.3 |
8.5 |
7.6 |
3.6 |
9.3 |
8.6 |
3.7 |
Nagpur |
15.7 |
16.4 |
2.2 |
14.8 |
16.3 |
3.3 |
15.8 |
16.4 |
2.6 |
Kolhapur |
13.9 |
16.2 |
4.2 |
14.8 |
16.3 |
3.4 |
15.0 |
16.3 |
3.5 |
All |
12.3 |
13.2 |
4.4 |
12.2 |
13.9 |
4.7 |
13.5 |
16.0 |
4.0 |
Table 7: Cross-tabulation of Current and Three-month Ahead Inflation Expectations |
(Number of respondents) |
| |
Three-month ahead inflation rate (per cent) |
Current inflation rate (per cent) |
|
<1 |
1-2 |
2-3 |
3-4 |
4-5 |
5-6 |
6-7 |
7-8 |
8-9 |
9-10 |
10-11 |
11-12 |
12-13 |
13-14 |
14-15 |
15-16 |
>=16 |
No idea |
Total |
<1 |
4 |
2 |
3 |
|
1 |
|
|
|
1 |
|
|
|
|
|
|
|
1 |
5 |
17 |
1-2 |
3 |
8 |
10 |
7 |
4 |
2 |
2 |
|
|
2 |
|
|
|
|
|
|
1 |
1 |
40 |
2-3 |
1 |
4 |
7 |
10 |
14 |
9 |
6 |
2 |
|
1 |
|
|
|
1 |
|
|
1 |
7 |
63 |
3-4 |
1 |
2 |
3 |
6 |
9 |
15 |
8 |
2 |
4 |
2 |
4 |
|
|
|
|
|
2 |
10 |
68 |
4-5 |
1 |
6 |
11 |
10 |
8 |
28 |
29 |
13 |
8 |
14 |
5 |
1 |
|
|
2 |
1 |
|
51 |
188 |
5-6 |
1 |
6 |
10 |
4 |
6 |
19 |
22 |
41 |
22 |
18 |
32 |
1 |
2 |
1 |
2 |
9 |
3 |
31 |
230 |
6-7 |
|
2 |
3 |
1 |
3 |
5 |
12 |
20 |
23 |
6 |
6 |
4 |
2 |
1 |
1 |
1 |
1 |
27 |
118 |
7-8 |
1 |
|
3 |
2 |
3 |
7 |
2 |
22 |
24 |
23 |
18 |
|
3 |
3 |
2 |
|
|
24 |
137 |
8-9 |
2 |
2 |
1 |
2 |
3 |
8 |
9 |
6 |
19 |
30 |
27 |
13 |
10 |
4 |
|
5 |
4 |
26 |
171 |
9-10 |
2 |
5 |
8 |
4 |
28 |
21 |
3 |
11 |
12 |
41 |
42 |
49 |
35 |
16 |
47 |
21 |
24 |
63 |
432 |
10-11 |
3 |
4 |
9 |
19 |
11 |
39 |
4 |
14 |
17 |
11 |
98 |
53 |
77 |
39 |
42 |
117 |
117 |
95 |
769 |
11-12 |
|
1 |
3 |
|
3 |
|
2 |
2 |
7 |
3 |
4 |
22 |
10 |
8 |
9 |
4 |
6 |
26 |
110 |
12-13 |
1 |
1 |
1 |
2 |
3 |
3 |
1 |
|
1 |
7 |
6 |
2 |
20 |
7 |
11 |
9 |
11 |
18 |
104 |
13-14 |
|
1 |
1 |
|
3 |
3 |
|
|
|
1 |
3 |
2 |
1 |
7 |
1 |
7 |
10 |
2 |
42 |
14-15 |
4 |
2 |
3 |
1 |
3 |
5 |
|
1 |
|
3 |
6 |
7 |
1 |
2 |
18 |
22 |
59 |
37 |
174 |
15-16 |
1 |
|
5 |
6 |
10 |
17 |
|
4 |
|
6 |
11 |
5 |
7 |
6 |
10 |
57 |
118 |
51 |
314 |
>=16 |
29 |
7 |
11 |
6 |
30 |
49 |
10 |
5 |
13 |
56 |
116 |
11 |
10 |
12 |
23 |
62 |
1248 |
232 |
1930 |
Total |
54 |
53 |
92 |
80 |
142 |
230 |
110 |
143 |
151 |
224 |
378 |
170 |
178 |
107 |
168 |
315 |
1606 |
706 |
4907 |
Note: The shaded cells represent the number of respondents who expressed double digit current and three-month ahead inflation. |
Table 8: Cross-tabulation of Current and One-year Ahead Inflation Expectations |
(Number of respondents) |
|
One-year ahead inflation rate (per cent) |
Current inflation rate (per cent) |
|
<1 |
1-2 |
2-3 |
3-4 |
4-5 |
5-6 |
6-7 |
7-8 |
8-9 |
9-10 |
10-11 |
11-12 |
12-13 |
13-14 |
14-15 |
15-16 |
>=16 |
No idea |
Total |
<1 |
2 |
4 |
3 |
|
1 |
|
|
|
|
|
|
|
|
|
|
|
3 |
4 |
17 |
1-2 |
5 |
7 |
8 |
4 |
5 |
2 |
2 |
|
|
2 |
3 |
|
|
|
|
|
|
2 |
40 |
2-3 |
|
8 |
6 |
4 |
7 |
7 |
7 |
1 |
3 |
3 |
3 |
|
2 |
|
|
1 |
3 |
8 |
63 |
3-4 |
2 |
1 |
2 |
12 |
4 |
3 |
6 |
3 |
4 |
3 |
4 |
|
2 |
1 |
|
|
6 |
15 |
68 |
4-5 |
1 |
3 |
2 |
9 |
16 |
19 |
4 |
5 |
9 |
36 |
17 |
2 |
3 |
|
1 |
2 |
8 |
51 |
188 |
5-6 |
|
1 |
|
|
14 |
35 |
32 |
8 |
6 |
28 |
41 |
1 |
4 |
1 |
6 |
10 |
14 |
29 |
230 |
6-7 |
1 |
1 |
|
|
1 |
5 |
20 |
25 |
3 |
9 |
6 |
7 |
2 |
|
4 |
4 |
5 |
25 |
118 |
7-8 |
0 |
|
|
1 |
2 |
4 |
4 |
36 |
24 |
15 |
9 |
1 |
5 |
2 |
5 |
9 |
6 |
14 |
137 |
8-9 |
0 |
|
|
|
3 |
3 |
1 |
6 |
62 |
18 |
14 |
6 |
15 |
2 |
4 |
13 |
12 |
12 |
171 |
9-10 |
2 |
|
|
|
2 |
2 |
2 |
6 |
16 |
102 |
64 |
16 |
14 |
11 |
29 |
16 |
112 |
38 |
432 |
10-11 |
2 |
1 |
|
|
2 |
6 |
1 |
2 |
4 |
29 |
168 |
85 |
24 |
26 |
27 |
104 |
187 |
101 |
769 |
11-12 |
|
|
|
|
1 |
|
|
1 |
1 |
|
5 |
42 |
11 |
5 |
5 |
9 |
18 |
12 |
110 |
12-13 |
|
|
|
|
|
1 |
|
|
1 |
|
2 |
3 |
43 |
11 |
10 |
8 |
13 |
12 |
104 |
13-14 |
|
|
|
|
|
|
|
|
|
|
1 |
|
1 |
6 |
10 |
6 |
11 |
7 |
42 |
14-15 |
1 |
|
|
|
|
2 |
|
1 |
|
4 |
1 |
|
|
7 |
51 |
27 |
42 |
38 |
174 |
15-16 |
3 |
1 |
|
|
|
2 |
|
|
|
|
|
|
|
|
12 |
78 |
150 |
68 |
314 |
>=16 |
12 |
4 |
1 |
2 |
2 |
7 |
1 |
3 |
1 |
14 |
22 |
|
3 |
|
14 |
9 |
1572 |
263 |
1930 |
Total |
31 |
31 |
22 |
32 |
60 |
98 |
80 |
97 |
134 |
263 |
360 |
163 |
129 |
72 |
178 |
296 |
2162 |
699 |
4907 |
| Note: The shaded cells represent the number of respondents who expressed double digit current and one-year ahead inflation. |
Table 9:-Awareness of RBI’s Action on controlling Inflation and their Impact |
(Percentage of respondents) |
Category |
Whether RBI is taking action to control inflation |
Yes |
No |
No Idea |
Impact of RBI’s action to control inflation |
Yes |
No |
No Idea |
Total |
Financial Sector Employees |
28.3 |
17.6 |
1.7 |
47.5 |
42.6 |
9.9 |
Other Employees |
20.0 |
12.8 |
1.7 |
34.5 |
46.7 |
18.8 |
Self-Employed |
18.3 |
12.3 |
2.5 |
33.1 |
48.9 |
18.0 |
Housewives |
15.5 |
7.4 |
1.6 |
24.5 |
46.0 |
29.5 |
Retired persons |
24.8 |
12.0 |
2.1 |
38.9 |
44.3 |
16.8 |
Daily Workers |
16.6 |
5.7 |
2.2 |
24.5 |
49.4 |
26.1 |
Other Categories |
21.7 |
13.8 |
1.6 |
37.0 |
43.7 |
19.3 |
All |
19.3 |
10.8 |
1.9 |
32.0 |
46.4 |
21.5 |
Table 10: Respondent's Expectation on Change in Wage/Income level |
(Percentage of respondents) |
Category of Respondents |
Change in income since last year |
Change in income in three-month ahead period |
Change in income in one-year ahead period |
Increase |
Same |
Decrease |
Increase |
Same |
Decrease |
Increase |
Same |
Decrease |
Financial Sector Employees |
52.0 |
39.8 |
8.1 |
36.8 |
59.3 |
3.9 |
81.2 |
17.1 |
1.7 |
Other Employees |
47.1 |
45.2 |
7.7 |
35.2 |
60.4 |
4.4 |
75.1 |
21.7 |
3.2 |
Total Employees |
49.0 |
43.1 |
7.9 |
35.8 |
60.0 |
4.2 |
77.4 |
20.0 |
2.6 |
Self- Employed |
37.1 |
46.4 |
16.5 |
32.2 |
57.9 |
9.9 |
64.9 |
28.9 |
6.2 |
Daily Workers |
42.7 |
45.3 |
11.9 |
36.0 |
57.5 |
6.5 |
74.5 |
21.5 |
4.0 |
Total |
43.5 |
44.7 |
11.8 |
34.5 |
58.8 |
6.7 |
72.3 |
23.5 |
4.2 |
|