Inflation hits low-income households hardest
A DNB survey of nearly 3,000 households reveals that inflation causes significant financial concern, particularly for low-income groups. Around 38% of people, however, report little impact.
Widespread financial worry revealed
In 2025, 2,852 households were asked how they felt about price increases over the past four years.
The results indicate inflation is a cause for concern for many.
Specifically, 32.3% are worried about the economy, 23.7% about their children's future, and 17.4% expect to tap into savings.
Additionally, 16% are unsure about paying for basic necessities, and 12.7% experience more stress.
Conversely, around 38% of respondents reported that price increases have not affected them much at all.
This highlights a significant divergence in how inflation impacts daily lives across the population.
The survey provides a detailed snapshot of public sentiment regarding economic pressures.
Low incomes bear the brunt
The survey clearly indicates inflation's impact is not uniform.
Lowest income groups express the greatest concerns, worrying more about savings, experiencing higher stress, and struggling with monthly bills.
Higher-income households, conversely, report a lesser impact, often stating price increases have had little effect.
This disparity underscores inflation's regressive nature.
Job security was a minor concern across all income brackets, suggesting a stable labor market perception despite other financial anxieties.
These findings highlight how socio-economic status mediates the lived experience of economic shifts.
A persistent drag on growth
Households facing financial worries adjust spending, reducing confidence and slowing economic growth.
This behavioral shift can persist even with moderating prices, creating a lasting economic drag.
The DNB's findings highlight the need for targeted support to mitigate disproportionate impacts on vulnerable households and prevent broader stagnation.