Growing Concern: 94% of Metro Manila’s Middle-Class Gen Zs and Millennials Felt the Impact of Inflation in the 2nd Quarter of 2023

With inflation rising beyond the government’s targets, the cost of living in the Philippines, particularly in major cities, has steadily increased, giving rise to notable challenges on the finances of Filipinos.

In this study, NRI Manila Branch sought to understand how inflation has influenced the consumption, savings, debt, and investment habits of Filipino consumers, particularly the working Gen Zs and Millennials from the middle class, living in Metro Manila.
Metro Manila’s Middle-Class Gen Zs and Millennials Felt the Impact of Inflation in the 2nd Quarter of 2023_v1

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