The Inflation Expectations Survey of Households for the July-September 2013 quarter (33rd round) captures the inflation expectations of 4,765 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 three-month ahead and one-year ahead mean and median inflation expectations of households increased in September 2013 round as compared to the previous round.
-
The proportion of respondents expecting ‘general’ price rise by ‘more than current rate’ has increased for three-month ahead as well as one-year ahead period.
-
The proportion of respondents expecting price increase by ‘more than current rate’ in three-month ahead period has increased for all products-groups. The same trend has been seen in one-year ahead period for all products-groups, except non-food products for which proportion of respondents expecting price increase by ‘more than current rate’ has marginally decreased.
-
There was no major variation in the inflation expectations across gender and occupation category of respondents. However, age-group wise and city-wise inflation expectations varied to some extent for three-month ahead period. For one-year ahead period inflation expectation only cities were the significant source of variation.
-
About 77 per cent (65 per cent in the last round) and 80 per cent (73 per cent in the last round) of respondents expect double digit inflation rates for three-month ahead and one-year ahead period, respectively.
-
On the awareness of the RBI’s action to control inflation and its impact, 33 per cent (56 per cent in the last round) of the respondents were aware of the role of RBI in controlling inflation; 23 per cent (36 per cent in the last round) felt that RBI is taking necessary action. Among these 33 per cent, 63 per cent (49 per cent in the last round) reported that RBI’s action has an impact on controlling inflation.
-
While 68 per cent of respondents (75 per cent in last 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 which is relatively high as compared with 21 per cent in 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 |
18.0 |
15.0 |
Self-employed |
19.8 |
20.0 |
Housewives |
28.8 |
30.0 |
Retired Persons |
8.9 |
10.0 |
Daily Workers |
8.7 |
10.0 |
Others |
6.3 |
5.0 |
Note: The above sample proportion is for the quarter ended September 2013 survey |
Table 2: Product-wise Expectations of Prices for Three-month ahead and One-year ahead |
(Percentage of respondents) |
Round No./survey period |
30 |
31 |
32 |
33 |
30 |
31 |
32 |
33 |
(quarter ended) → |
Dec-12 |
Mar-13 |
Jun-13 |
Sep-13 |
Dec-12 |
Mar-13 |
Jun-13 |
Sep-13 |
Options: General |
Three-month ahead |
One-year ahead |
Prices will increase |
98.5 |
99.4 |
99.1 |
87.3 |
98.8 |
98.7 |
98.2 |
92.5 |
Price increase more than current rate |
75.7 |
66.9 |
66.1 |
74.5 |
84.7 |
74.8 |
71.3 |
76.6 |
Price increase similar to current rate |
17.9 |
24.2 |
25.6 |
11.3 |
10.1 |
17.0 |
18.7 |
13.0 |
Price increase less than current rate |
4.9 |
8.2 |
7.5 |
1.5 |
4.1 |
6.9 |
8.3 |
2.9 |
No change in prices |
1.4 |
0.5 |
0.8 |
7.8 |
1.1 |
1.2 |
1.7 |
4.6 |
Decline in price |
0.1 |
0.1 |
0.1 |
4.9 |
0.1 |
0.1 |
0.1 |
2.9 |
Options: Food Product |
Three-month ahead |
One-year ahead |
Prices will increase |
98.4 |
99.2 |
98.2 |
84.3 |
98.8 |
98.8 |
98.0 |
89.0 |
Price increase more than current rate |
74.4 |
70.5 |
67.8 |
72.5 |
82.5 |
78.1 |
72.9 |
74.8 |
Price increase similar to current rate |
19.8 |
22.8 |
24.4 |
10.6 |
12.8 |
15.9 |
17.9 |
11.5 |
Price increase less than current rate |
4.2 |
6.0 |
6.0 |
1.3 |
3.5 |
4.8 |
7.2 |
2.7 |
No change in prices |
1.4 |
0.7 |
1.7 |
10.1 |
1.1 |
1.1 |
1.9 |
7.1 |
Decline in price |
0.2 |
0.1 |
0.1 |
5.6 |
0.1 |
0.1 |
0.1 |
3.9 |
Options: Non-Food Product |
Three-month ahead |
One-year ahead |
Prices will increase |
96.7 |
98.5 |
97.9 |
77.5 |
98.1 |
99.0 |
97.8 |
80.9 |
Price increase more than current rate |
63.3 |
58.6 |
59.0 |
66.1 |
78.0 |
71.6 |
68.2 |
67.8 |
Price increase similar to current rate |
25.3 |
30.2 |
29.9 |
10.3 |
16.0 |
21.1 |
21.9 |
11.4 |
Price increase less than current rate |
8.1 |
9.7 |
9.0 |
1.2 |
4.1 |
6.4 |
7.8 |
1.7 |
No change in prices |
3.0 |
1.4 |
2.1 |
18.0 |
1.8 |
0.9 |
2.1 |
14.4 |
Decline in price |
0.2 |
0.1 |
0.1 |
4.5 |
0.1 |
0.1 |
0.1 |
4.7 |
Options: Household Durables |
Three-month ahead |
One-year ahead |
Prices will increase |
90.2 |
93.3 |
89.6 |
73.6 |
96.2 |
95.4 |
95.1 |
80.0 |
Price increase more than current rate |
50.7 |
45.0 |
48.0 |
63.2 |
61.7 |
56.3 |
56.0 |
67.9 |
Price increase similar to current rate |
27.8 |
34.1 |
30.0 |
9.2 |
23.8 |
27.8 |
26.1 |
10.7 |
Price increase less than current rate |
11.7 |
14.2 |
11.6 |
1.2 |
10.7 |
11.3 |
12.9 |
1.5 |
No change in prices |
9.2 |
6.3 |
9.9 |
19.7 |
3.4 |
4.2 |
4.8 |
14.6 |
Decline in price |
0.6 |
0.4 |
0.5 |
6.6 |
0.4 |
0.4 |
0.1 |
5.4 |
Options: Housing Prices |
Three-month ahead |
One-year ahead |
Prices will increase |
96.3 |
96.8 |
97.4 |
81.9 |
98.0 |
98.0 |
98.0 |
87.2 |
Price increase more than current rate |
72.8 |
64.5 |
64.5 |
74.5 |
79.5 |
72.4 |
69.7 |
78.9 |
Price increase similar to current rate |
17.7 |
22.7 |
25.3 |
6.9 |
12.5 |
19.7 |
21.5 |
7.6 |
Price increase less than current rate |
5.7 |
9.6 |
7.6 |
0.5 |
6.0 |
5.9 |
6.7 |
0.8 |
No change in prices |
3.6 |
3.1 |
2.4 |
11.9 |
1.8 |
1.8 |
1.9 |
7.5 |
Decline in price |
0.1 |
0.1 |
0.2 |
6.2 |
0.2 |
0.1 |
0.1 |
5.3 |
Options: Cost of Services |
Three-month ahead |
One-year ahead |
Prices will increase |
94.4 |
97.6 |
96.0 |
74.9 |
96.8 |
97.4 |
96.1 |
82.8 |
Price increase more than current rate |
68.8 |
63.8 |
62.0 |
63.5 |
73.9 |
68.6 |
67.7 |
68.8 |
Price increase similar to current rate |
18.7 |
24.7 |
27.1 |
10.5 |
16.3 |
23.1 |
21.1 |
11.8 |
Price increase less than current rate |
6.9 |
9.1 |
6.9 |
0.9 |
6.6 |
5.7 |
7.2 |
2.2 |
No change in prices |
5.4 |
2.3 |
3.8 |
20.6 |
3.0 |
2.5 |
3.8 |
13.2 |
Decline in price |
0.2 |
0.1 |
0.2 |
4.5 |
0.2 |
0.1 |
0.1 |
3.9 |
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 |
30 |
Dec-12 |
89.5 |
82.6 |
67.2 |
84.2 |
83.6 |
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 |
One-year Ahead period |
30 |
Dec-12 |
95.4 |
88.2 |
74.0 |
89.7 |
87.2 |
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 |
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. |
30 |
Dec-12 |
11.0 |
10.4 |
3.4 |
11.9 |
11.9 |
3.4 |
13.3 |
14.4 |
3.4 |
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 |
Table 5: Factors that Explain the Total Variability |
Round No. |
Survey Quarter |
Current |
Three-month ahead |
One-year ahead |
30 |
Dec-12 |
City, Category, Age group, |
City, Category |
City, Category, Age-group |
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 |
Note: Results based on exercise using Analysis of Variance. |
Table 6: Various Group-wise Inflation Expectations for September, 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 |
12.1 |
11.9 |
4.2 |
13.0 |
14.7 |
3.9 |
13.6 |
16.0 |
4.0 |
Female |
11.5 |
10.8 |
4.4 |
12.6 |
14.1 |
4.2 |
13.4 |
16.0 |
4.1 |
Category-wise |
Financial Sector Employees |
11.8 |
11.3 |
4.3 |
12.6 |
14.0 |
4.0 |
13.2 |
15.6 |
4.3 |
Other Employees |
11.8 |
11.0 |
4.5 |
12.8 |
14.2 |
4.0 |
13.6 |
16.0 |
3.9 |
Self Employed |
12.0 |
11.6 |
4.2 |
13.0 |
14.7 |
3.9 |
13.6 |
16.0 |
4.0 |
Housewives |
11.5 |
10.8 |
4.4 |
12.7 |
14.3 |
4.1 |
13.4 |
16.0 |
4.1 |
Retired Persons |
13.0 |
15.0 |
3.8 |
13.6 |
15.5 |
3.6 |
14.2 |
16.2 |
3.7 |
Daily Workers |
12.0 |
11.0 |
4.3 |
13.1 |
15.1 |
4.0 |
13.6 |
16.1 |
4.0 |
Other category |
11.4 |
10.7 |
4.5 |
12.3 |
12.5 |
4.1 |
13.3 |
15.6 |
4.0 |
Age-wise |
Up to 25 years |
11.1 |
10.6 |
4.5 |
12.3 |
12.6 |
4.1 |
13.1 |
15.4 |
4.1 |
25 to 30 years |
11.5 |
10.8 |
4.3 |
12.5 |
13.7 |
4.1 |
13.2 |
15.7 |
4.1 |
30 to 35 years |
11.7 |
11.0 |
4.4 |
12.5 |
13.7 |
4.1 |
13.4 |
16.0 |
4.1 |
35 to 40 years |
11.8 |
11.0 |
4.4 |
13.0 |
15.0 |
4.1 |
13.6 |
16.1 |
4.0 |
40 to 45 years |
12.1 |
11.8 |
4.4 |
13.2 |
15.4 |
3.9 |
13.7 |
16.1 |
4.0 |
45 to 50 years |
12.2 |
11.9 |
4.2 |
13.3 |
15.4 |
3.9 |
14.0 |
16.1 |
3.9 |
50 to 55 years |
12.5 |
12.8 |
4.1 |
13.4 |
14.9 |
3.7 |
14.0 |
16.1 |
3.7 |
55 to 60 years |
12.5 |
12.9 |
3.9 |
13.4 |
15.2 |
3.7 |
13.9 |
16.1 |
3.9 |
60 years and above |
12.9 |
14.7 |
4.0 |
13.6 |
15.5 |
3.7 |
14.2 |
16.2 |
3.7 |
City-wise |
Mumbai |
11.9 |
11.7 |
4.3 |
12.3 |
12.2 |
4.0 |
13.5 |
15.6 |
4.0 |
Delhi |
11.3 |
10.7 |
4.4 |
12.2 |
12.8 |
4.2 |
12.9 |
15.8 |
4.4 |
Chennai |
10.7 |
10.4 |
4.3 |
12.9 |
14.5 |
3.9 |
13.4 |
15.8 |
4.1 |
Kolkata |
12.0 |
10.9 |
4.1 |
13.7 |
15.8 |
3.5 |
14.0 |
16.1 |
3.8 |
Bangalore |
8.8 |
8.6 |
3.5 |
9.2 |
9.4 |
3.6 |
10.3 |
10.2 |
4.0 |
Hyderabad |
10.9 |
10.5 |
3.7 |
11.6 |
10.8 |
3.5 |
12.2 |
11.6 |
3.5 |
Ahmedabad |
9.6 |
9.4 |
4.5 |
10.3 |
10.2 |
4.3 |
11.0 |
10.4 |
4.2 |
Lucknow |
14.7 |
16.2 |
3.0 |
15.7 |
16.4 |
2.0 |
16.3 |
16.5 |
1.2 |
Jaipur |
13.0 |
14.9 |
3.8 |
13.5 |
15.2 |
3.4 |
14.6 |
16.1 |
3.2 |
Bhopal |
11.2 |
10.2 |
4.3 |
13.1 |
14.1 |
3.6 |
13.7 |
15.3 |
3.5 |
Patna |
13.6 |
15.6 |
3.3 |
13.9 |
15.4 |
3.0 |
15.1 |
16.3 |
2.7 |
Guwahati |
12.8 |
12.9 |
3.7 |
13.0 |
13.2 |
3.5 |
14.6 |
16.3 |
3.7 |
Thiruvananthapuram |
13.0 |
14.0 |
3.2 |
14.7 |
16.0 |
2.5 |
14.9 |
16.1 |
2.6 |
Bhubaneswar |
7.0 |
6.7 |
2.7 |
8.1 |
7.9 |
3.1 |
9.0 |
9.0 |
3.4 |
Nagpur |
15.3 |
16.3 |
2.5 |
15.9 |
16.4 |
1.7 |
16.2 |
16.5 |
1.2 |
Kolhapur |
15.4 |
16.4 |
2.8 |
15.6 |
16.4 |
2.7 |
15.1 |
16.4 |
4.0 |
All |
11.8 |
11.0 |
4.3 |
12.8 |
14.5 |
4.0 |
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-2 |
1 |
7 |
17 |
9 |
1 |
|
|
|
|
1 |
|
|
|
|
|
1 |
1 |
2 |
40 |
2-3 |
|
1 |
32 |
17 |
11 |
11 |
3 |
1 |
|
1 |
2 |
|
2 |
|
|
|
1 |
9 |
91 |
3-4 |
|
|
1 |
17 |
9 |
11 |
7 |
4 |
|
1 |
1 |
|
|
|
|
|
1 |
5 |
57 |
4-5 |
|
|
|
12 |
47 |
27 |
25 |
20 |
5 |
13 |
12 |
1 |
1 |
|
3 |
|
1 |
8 |
175 |
5-6 |
|
1 |
|
14 |
13 |
68 |
35 |
36 |
17 |
11 |
20 |
|
6 |
2 |
2 |
8 |
9 |
12 |
254 |
6-7 |
|
1 |
|
5 |
7 |
6 |
23 |
30 |
32 |
15 |
13 |
4 |
1 |
1 |
6 |
3 |
2 |
5 |
154 |
7-8 |
|
|
|
1 |
7 |
7 |
8 |
33 |
42 |
42 |
21 |
7 |
4 |
2 |
2 |
6 |
10 |
12 |
204 |
8-9 |
|
|
|
|
1 |
2 |
2 |
3 |
26 |
39 |
42 |
15 |
7 |
5 |
4 |
1 |
10 |
5 |
162 |
9-10 |
|
|
|
|
|
2 |
|
6 |
8 |
90 |
83 |
61 |
41 |
15 |
48 |
20 |
39 |
29 |
442 |
10-11 |
|
|
|
|
|
2 |
|
2 |
7 |
21 |
254 |
50 |
110 |
28 |
36 |
94 |
76 |
129 |
809 |
11-12 |
|
|
|
|
|
1 |
|
1 |
2 |
3 |
15 |
19 |
21 |
14 |
19 |
10 |
17 |
17 |
139 |
12-13 |
|
|
|
|
|
|
|
|
1 |
1 |
17 |
1 |
12 |
20 |
15 |
18 |
24 |
9 |
118 |
13-14 |
|
|
|
|
|
|
|
1 |
|
2 |
3 |
1 |
|
6 |
14 |
9 |
10 |
2 |
48 |
14-15 |
|
|
|
|
|
|
|
1 |
|
7 |
20 |
2 |
3 |
6 |
42 |
33 |
88 |
9 |
211 |
15-16 |
|
|
|
|
|
|
|
|
|
2 |
20 |
|
3 |
4 |
7 |
149 |
155 |
11 |
351 |
>=16 |
|
|
|
|
|
|
|
1 |
1 |
44 |
73 |
10 |
4 |
4 |
29 |
42 |
1283 |
19 |
1510 |
Total |
1 |
10 |
50 |
75 |
96 |
137 |
103 |
139 |
141 |
293 |
596 |
171 |
215 |
107 |
227 |
394 |
1727 |
283 |
4765 |
Note: The shaded cells represent the number of respondents who perceived current inflation in double digit and also expected double digit inflation in the next three-month ahead. |
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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1-2 |
1 |
5 |
13 |
3 |
3 |
2 |
2 |
1 |
1 |
|
2 |
|
|
1 |
1 |
1 |
1 |
3 |
40 |
2-3 |
1 |
1 |
3 |
23 |
17 |
11 |
5 |
6 |
1 |
5 |
3 |
1 |
|
3 |
1 |
|
1 |
9 |
91 |
3-4 |
2 |
1 |
|
7 |
10 |
8 |
4 |
2 |
2 |
2 |
7 |
1 |
1 |
|
|
|
3 |
7 |
57 |
4-5 |
|
1 |
|
2 |
23 |
48 |
13 |
17 |
11 |
14 |
6 |
3 |
7 |
3 |
7 |
8 |
5 |
7 |
175 |
5-6 |
1 |
|
1 |
1 |
3 |
23 |
63 |
18 |
17 |
18 |
42 |
2 |
5 |
3 |
6 |
13 |
18 |
20 |
254 |
6-7 |
2 |
1 |
|
|
4 |
4 |
22 |
35 |
16 |
18 |
17 |
4 |
1 |
3 |
5 |
10 |
8 |
4 |
154 |
7-8 |
3 |
|
|
|
|
1 |
6 |
37 |
38 |
33 |
26 |
1 |
6 |
6 |
6 |
8 |
19 |
14 |
204 |
8-9 |
|
1 |
1 |
|
|
|
2 |
6 |
40 |
29 |
16 |
8 |
11 |
4 |
14 |
12 |
11 |
7 |
162 |
9-10 |
1 |
|
|
|
4 |
3 |
2 |
2 |
8 |
62 |
88 |
22 |
12 |
9 |
35 |
43 |
109 |
42 |
442 |
10-11 |
7 |
15 |
2 |
|
3 |
4 |
3 |
3 |
3 |
9 |
91 |
151 |
37 |
17 |
22 |
80 |
210 |
152 |
809 |
11-12 |
|
3 |
|
|
1 |
|
|
1 |
1 |
4 |
1 |
14 |
35 |
4 |
8 |
15 |
35 |
17 |
139 |
12-13 |
|
1 |
|
|
|
|
1 |
|
1 |
0 |
3 |
|
11 |
27 |
10 |
18 |
34 |
12 |
118 |
13-14 |
1 |
1 |
1 |
|
|
|
|
|
|
1 |
2 |
|
1 |
3 |
9 |
11 |
13 |
5 |
48 |
14-15 |
|
1 |
|
1 |
1 |
|
|
|
|
2 |
|
|
|
2 |
21 |
75 |
86 |
22 |
211 |
15-16 |
|
1 |
|
|
|
1 |
|
|
|
1 |
4 |
|
|
|
5 |
32 |
269 |
38 |
351 |
>=16 |
1 |
2 |
1 |
1 |
2 |
4 |
1 |
5 |
|
2 |
11 |
1 |
2 |
|
6 |
12 |
1417 |
42 |
1510 |
Total |
20 |
34 |
22 |
38 |
71 |
109 |
124 |
133 |
139 |
200 |
319 |
208 |
129 |
85 |
156 |
338 |
2239 |
401 |
4765 |
Note: The shaded cells represent the number of respondents who perceived current inflation in double digit and also expected double digit inflation in the next one-year ahead. |
Table 9:-Awareness of RBI’s Action on controlling Inflation and its 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 |
27.5 |
13.9 |
2.0 |
43.4 |
13.0 |
43.6 |
Other Employees |
15.2 |
8.9 |
1.3 |
25.3 |
9.2 |
65.5 |
Self-Employed |
17.0 |
7.5 |
0.6 |
25.1 |
8.4 |
66.5 |
Housewives |
7.9 |
3.6 |
1.2 |
12.6 |
8.1 |
79.3 |
Retired persons |
22.9 |
9.9 |
1.9 |
34.8 |
10.6 |
54.6 |
Daily Workers |
6.5 |
5.1 |
1.0 |
12.6 |
11.6 |
75.8 |
Other Categories |
18.3 |
9.3 |
0.7 |
28.2 |
9.3 |
62.5 |
All |
14.7 |
7.3 |
1.2 |
23.3 |
9.4 |
67.3 |
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 |
55.9 |
37.7 |
6.4 |
36.6 |
58.6 |
4.8 |
74.9 |
21.6 |
3.5 |
Other Employees |
48.5 |
41.5 |
10.0 |
35.0 |
60.8 |
4.2 |
70.9 |
26.6 |
2.6 |
Total Employees |
51.1 |
40.2 |
8.8 |
35.5 |
60.1 |
4.4 |
72.3 |
24.8 |
2.9 |
Self- Employed |
39.9 |
40.7 |
19.4 |
34.7 |
53.7 |
11.7 |
63.0 |
30.1 |
6.9 |
Daily Workers |
40.9 |
49.6 |
9.4 |
32.9 |
59.8 |
7.3 |
62.7 |
32.0 |
5.3 |
Total |
45.5 |
41.8 |
12.6 |
34.8 |
57.8 |
7.4 |
67.5 |
27.8 |
4.7 |
|