According to the 19-29 year olds, inflation in May was 18 percent, compared to the actual figure of 4 percent

By: Trademagazin Date: 2024. 07. 08. 09:32

According to the K&H youth index, young people still perceive inflation to be much higher than the actual one. In the second quarter, an average increase in prices of 18 percent was reported, which does not show a significant change compared to the 19 percent average in the first quarter survey, but at the same time it is much higher than the 4 percent price increase in May in the official statistics.

For the time being, members of the 19-29 age group do not really perceive the slowdown in inflation in their daily expenses – at least this is what the K&H youth index found, which also examined how much inflation young people perceive in the second quarter.

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According to the results of the research, in May of this year, the respondents talked about an average inflation of 18 percent. In the survey carried out at the beginning of 2023, young people perceived inflation of 26 percent, which was practically the same as the actual figure of 26 percent at the time. This year, however, the picture is completely different: in the first quarter, they talked about an average inflation of 19 percent, and in the second quarter, a very similar rate of 18 percent.