IDEA: Inflation hits low-income households, pensioners

(CIANEWS) - Between 2020 and 2023, the differences in the impact of inflation on individual households were relatively small. Families with the second lowest incomes (a price increase of 33.6%) were affected the most. In comparison, households with the highest incomes (32.3%) were affected the least, according to the information contained in a study by IDEA think-tank with the Economic Institute of the Czech Academy of Sciences. According to the household type, pensioners’ households faced the highest increase in prices, both pensioners with lower expenditures (34.5%) and higher expenditures (33.4%). On the other hand, inflation hit families with children (32.4%) the least. Single-parent households (33.0%) and other households (32.9%) were affected moderately.



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