Despite tall claims of the Pakistan Tehreek-e-Insaf (PTI) government about revival of economy, 91 percent people say they are not comfortable about purchasing a car or home in
The consumer confidence survey painted a bleak performance of the government since inflation, unemployment, increasing poverty and burden of taxes remained the top worrying issues for the public. When asked about the current economic situation, only three percent found the situation very satisfactory but 40 percent were very dissatisfied.
There were four major worrying aspects for respondents, as 81 percent considered increasing inflation as major concern, 79 percent found unemployment, 56 percent increasing poverty and 55 percent burden of taxes as major worrying issues in line with results of survey undertaken in
About 79 percent respondents said that the country was heading towards a wrong direction so there was no hope of any improvement in their lives over the next six months.
There are 30 percent individual respondents who considered unemployment as the top worrying issue in
This indicates that 76 percent worrying issues were related to the worst economic situation. Interestingly, contrary to the perception, only two percent respondents considered corruption, bribery and nepotism as the major worrying issue in
Only four percent and three percent respondents considered terrorism and increasing prices of electricity as major issues. Only two percent considered power load shedding as a major issue.
The combined findings of the survey for December and
When the survey asked the respondents whether they were satisfied or unsatisfied with the way things were going in
Most alarmingly, 79 percent respondents found that the country was heading towards a wrong direction over next six months, while only 21 percent said the 6-month future direction was on the right path.
The survey found that the average global consumer index stood at 48.5 while in
In comparison with BRICS countries such as
© Pakistan Press International, source