‘I’m cold, hungry and miserable’: More than half of households taking action to cope with rising cost of living

  • Date: 31-May-2022
  • Source: SkyNews
  • Sector:Retail
  • Country:Gulf
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‘I’m cold, hungry and miserable’: More than half of households taking action to cope with rising cost of living

More than half of households have had to make adjustments to cope with the rising cost of essentials in the past month.

Some 57% of households said they had taken measures such as cutting back on essentials, borrowing from family and friends, taking out loans or credit cards, dipping into savings or overdrafts, or selling items.

This compares to the 38% who said the same in May 2021.