A recent survey conducted by the STEM agency for consulting firm KPMG reveals that half of Czechs believe their financial situation has worsened compared to a year ago. On the other hand, 35% state that their financial situation has remained unchanged, while 15% perceive an improvement. Furthermore, the survey highlights that 49% of the population is currently facing difficulties in meeting their financial needs.
The study identifies individuals aged 30 to 59 as the group experiencing the most challenges in making ends meet. Particularly vulnerable groups include the unemployed and individuals living in households.
The survey also reveals some fluctuations in different demographics. Among retirees, the percentage of struggling households has decreased from 57% to 48% compared to the previous year when it experienced a significant rise. Conversely, the percentage of working individuals facing financial difficulties has gradually increased from 45% to 49% within the past year.
Within various occupational categories, 62% of working professionals report income difficulties, which remains consistent with the previous year but marks a 15% increase compared to two years ago. Operational workers are also experiencing a gradual rise, with the current proportion of 51% compared to 47% at the same time last year.
Among professionals and managers, the percentage of individuals struggling to make ends meet has doubled, reaching 39% compared to 19% in May 2021.
The financial challenges have extended to civil servants as well, with 42% of them currently facing difficulties, up from 34% last year. Students have also experienced a significant increase, with 33% reporting financial struggles compared to 18% in May of the previous year. Among entrepreneurs, the figure stands at 38%, marking a 33% increase from a year ago.
