“Inflation Tops Concerns of Swiss Amidst Economic Uncertainty: Comparis Survey”

2023-05-25 20:25:42

Published

SurveyInflation now worries the Swiss more than the climate

According to a survey by Comparis, seven out of ten Swiss are concerned regarding rising prices, which thus dethrones climate change. The Swiss are also pessimistic regarding their finances in 2023.

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Christine Talos

The rise in prices is of great concern to the Swiss.

The rise in prices is of great concern to the Swiss.

20min/Michael Scherrer

Inflation is now the primary source of concern for the Swiss population. This is revealed by a Comparis survey released Thursday. They are indeed 69% to worry regarding inflation in our country, while 71% are worried regarding rising prices worldwide. This is followed by climate change (65%) and supply shortages (57%).

Inflation therefore takes precedence over global warming as a concern. Last December, it was the climate that most worried the Swiss (68%), ahead of rising prices worldwide (66%) and inflation in Switzerland (64%). “With rising prices, climate concerns have lost ground,” notes Michael Kuhn, consumer finance expert at Comparis. Which specifies that this year only 8% of respondents intend to offset their CO emissions2 when traveling, compared to 13% in 2021.

According to the survey, the most noticeable inflation is in the field of heating energy. Some 72% of respondents feel it strongly, even very strongly. The rise in the price of holidays is also making itself felt: 65% of those questioned believe that they have become more expensive, compared to 55% last December.

So, to resist, 72% of respondents say they want to give up unnecessary spending, major acquisitions and spontaneous purchases. They will also be a large majority to use discounts whenever possible and compare prices. In addition, 24% of Swiss say they want to make purchases abroad (23% for French-speaking Switzerland, 22% in German-speaking Switzerland and 54% in Ticino).

Pessimism for 2023, especially for low incomes

In addition, the Swiss are pessimistic for 2023: 27% of respondents expect their financial situation to deteriorate, mainly due to the sharp increase in health insurance premiums expected this autumn, but also to the increase rents and mortgages.

There are still people who are optimistic regarding their financial situation. Indeed, 37% of respondents indicate a salary increase or a higher bonus. This is 10% more than last December. It is especially those with salaries above 8,000 francs who expect to receive more money, compared to 22% among those who earn less than 4,000 francs, notes Comparis. In the latter category, 40% of respondents count every penny and 14% fail to make ends meet.

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#Poll #Inflation #worries #Swiss #climate

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