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Study: Crisis has affected 85% of Romanians 18 and over

The Romanians allocated at the end of 2010 a large part of overall incomes for food and credits compared to 2008, while the budget proportion allocated for clothes and personal care objects, furniture or education dropped, the Financial Crisis Meter study made by Mercury Research shows.

The crisis affected 85% of Romanians 18 and over, a rising percentage compared to March 2010 (77%), according to the study made by Mercury Research in November 2010 on a sample of 1200 persons aged over 18.

The largest part of monthly incomes (40%) goes to foodstuff, a rising figure compared to 2008 (38%). While in November 2008 credits meant 5% of monthly incomes in 2010 they reached 6-8% of the budget. At the beginning of the financial crisis 7.4% of the budget went to education and at the end of 2010 it was 5%. Moreover, the Romanians' economies dropped by 3% at the end of 2010 compared to 5% in 2009.

On the other hand, 4 out of 10 Romanians were worried about their financial situation compared to 6 months before the interview date.The financial crisis mostly affected persons aged between 35 and 50, by persons from households with a lower living standard and people with low incomes. For most of the people affected by the crisis (57%) the negative effect was felt at income level and the drop of the living standard. The drop of purchase power and price increases were felt by 44% of people affected.

The difficulty of finding a job had impact on 3% of Romanians who were negatively affected by the crisis, a dropping figure compared to March 2010 (7%). Young people were faced by difficulties in finding a job to a higher extent (8%).

Other negative effects mentioned in the study were the increase of prices for utilities and taxes (3%), the loss of jobs by a family member (3%) or cutting expenses for necessary things (3%).

With an experience of over 19 years in Romania, Mercury Research offers researches on consumers and companies adapted for the fields: consumer goods, financial-banking, IT&C, media, health, car industry and social.

Sursa: http://www.actmedia.eu

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