3 in 5 Singaporeans most worried about inflation, high prices: survey

Recession and unemployment also scare them.

According to GfK, in a relatively safe and stable country such as Singapore, many locals are largely more concerned about issues directly related to the economy and finances over others such as crime and lawlessness as well as drug abuse, concerns which rank relatively high in some other countries around the region.

In a recent online survey conducted by GfK, 65 percent of respondents in Singapore, the highest level across all the Asia Pacific countries surveyed said that inflation and high prices are among their top 3 concerns. Recession and unemployment (43%), followed by cost of healthcare (42%) trail as the next two greatest worries among locals.

“Generally, Singaporeans are worried about how the global macro-economic factors will impact their day to day livelihood, but through the survey, we also noted that there are other key areas which are causing anxiety among smaller groups of people,” commented Stanley Kee, Managing Director for GfK in Southeast Asia. “For instance, 1 in 5 (19%) are concerned about global warming and environmental pollution while 16 percent has indicated immigration as a source of concern.”