The recent price increases and high inflation have negatively affected the citizens economically. Today, 9 out of 10 people answer the question of what is Turkey’s most important problem as “economy”.
Ipsos’ research for Bloomberg HT revealed that half of its citizens are in debt, and eight out of every 10 people have a reduced income.
While the rate of those who say that their purchasing power has increased, only 4 percent, the rate of those who say that their purchasing power has remained the same is 13 percent. The rate of those who said “My purchasing power has dropped” was overwhelmingly at the level of 83 percent.
One out of two people is in debt
While 52 percent of the respondents said they have personal debt, 4 percent chose not to answer.
While 55 percent of those who have personal debt stated that they will borrow in the next few months, a quarter of those who do not have debt today said that they are considering borrowing.
Financial support was received from the family
It was seen that the number of those who received financial support from the family was also quite high. According to the answers given to the questions, 4 out of 10 people have received financial support from their family in the last 3 months.
In addition, 69 percent of those who received financial support from their families stated that they would receive financial support in the next few months. Today, 20 percent of those who do not receive any financial support from their families think that they will need such support in the near future.
Three out of four people are looking for a job
Due to both reduced purchasing power and the burden of borrowing, 93 percent of the people are looking for a job to earn additional income, whether they work or not. While 38 percent of the respondents said that they are looking for an additional job for additional income, even though they are working, 34 percent stated that they are already unemployed and therefore looking for a job.
Shopping is getting less
It was observed that citizens tried to reduce all kinds of expenses in order to manage the price increases experienced in this period. Individuals who try to save money in every area, from shopping to clothing, from spending time outside to driving less and of course, reducing natural gas and electricity costs, take precautions to make their shopping cheaper and reduce their natural gas and electricity expenses.
While 63 percent of the respondents said that they went to the market to find the cheapest product, 58 percent said they bought the most necessary things in clothing.
The research was conducted with 800 people representing Turkey. The research conducted with individuals over the age of 18 includes the data for the 4-15 April period.