How is cost of living crisis affecting people in Wales?
Survey reveals only half are ‘comfortable’ with the state of their household finances.
A new survey by Public Health Wales has highlighted that people in Wales are increasingly worried about money, with 37 per cent agreeing that they are ‘only just managing’ and a further 11 per cent ‘not managing’ to make ends meet.
While a previous survey1 in January 2022 showed 60 per cent of people were ‘not at all’ worried about their finances, in this latest survey this figure has more than halved to just 27 per cent of people. In addition, 26 per cent of people reported that they were worrying ‘a lot’ about their finances; an increase from 15 percent in January 2022.
Of the 2,000 people that completed the first ‘Time to Talk Public Health’ survey between 7th November 2022 and 8th January 2023, nearly two in five (38 per cent) reported they were worrying ‘a lot’ about the cost of living. One in three (34 per cent) strongly agreed that they were cutting back on non-essential spending due to the cost of living, and one in four (25 per cent) strongly agreed that rising costs of living are reducing their quality of life.
Time to Talk Public Health: Panel Recruitment Survey
Other key findings included:
- 92 per cent of people agreed they keep a close eye on their finances (51 per cent strongly agreed)
- 60 per cent of people agreed that the rising costs of living are reducing their quality of life (25 per cent strongly agreed)
- 74 per cent of people agreed that many people they know are struggling to cover their cost of living (33 per cent strongly agreed)
- 78 per cent of people agreed they were cutting back their spending on non-essentials and luxuries to help with rising costs of living (34 per cent strongly agreed)
- 86 per cent of people agreed that many people they know are cutting back spending on non-essentials and luxuries to help with rising costs of living (43 per cent strongly agreed)
- 87 per cent of people agreed that they have worried about the cost of living in the last week (38 per cent a lot)
- 68 per cent of people are worried about the ability to heat their home (28 per cent a lot)
- 39 per cent would like information on improving energy efficiency at home.
Dr Catherine Sharp, Public Health Researcher at Public Health Wales, said:
“The Time to Talk Public Health panel has been created to enable residents of Wales to have a voice in policy and practice that affects them, their communities, and their nation. At Public Health Wales, we see the people of Wales as a key partner in our decision making.”
“Insight from the panel suggests that the financial uncertainty driven by rising costs of living is causing people to worry more about money than they have in the past. Findings suggest a substantial proportion of people in Wales are struggling to make ends meet, yet an even greater proportion are worrying about their finances.”
“Many respondents said that their households would benefit from more information this winter on issues such as improving energy efficiency at home, improving mental health and well-being, connecting with people in the community, eating healthily on a budget and managing finances. We have gathered together a wealth of resources to help people access this support on: Staying well during the Cost of Living Crisis”
Time to Talk Public Health is a new nationally representative panel of Welsh residents established by Public Health Wales to enable regular public engagement to inform public health policy and practice.
Currently in its pilot phase, the panel aims to recruit a nationally representative sample of residents aged 16+ years to participate in monthly surveys and provide insight into key public health issues.
1. How are we doing in Wales? Public Engagement Survey on Health and Wellbeing during Coronavirus Measures, January 2022
Original article link: https://phw.nhs.wales/news/how-is-cost-of-living-crisis-affecting-people-in-wales/
Latest News from
Official statistics show an increase in non-melanoma skin cancer cases in Wales31/03/2023 09:20:00
The first release of official statistics on non-melanoma skin cancer (NMSC) - the most common form of cancer in Wales - has shown a seven per cent increase in cases over a four year period.
Number of people attending safe needle and syringe programmes falls by 27 per cent29/03/2023 09:15:00
The number of people who regularly attended needle and syringe programmes (NSP) in Wales in order to access safe equipment to inject drugs, reduced by more than a quarter in 2021-22, compared to 2019-20.
Primary care save 44,000 kg CO2 in first year of new greener scheme24/03/2023 10:15:00
GPs, community optometrists, community pharmacy and primary care dental practices across Wales have saved an estimated 44,088 CO2 this year – the equivalent of four round the world flights, or boiling more than seven million litres of water, by taking part in the Greener Primary Care Wales Framework and Award Scheme from Public Health Wales.
Behaviourally informed communications: A tool21/03/2023 09:15:00
science to better understand human behaviour can lead to more effective communication.
Addressing vaccine hesitancy and misinformation protects public health13/03/2023 16:25:00
While vaccinations are the most effective way to save lives and protect public health worldwide, public hesitancy, driven by misinformation, can reduce the success of vaccination programmes, disease elimination, or eradication, says a new report from Public Health Wales.
People in Wales help others to protect and improve their own mental well-being22/02/2023 13:10:00
Nearly three-quarters of people (73 per cent) in Wales actively choose to help others in order to protect and improve their own mental well-being, according to a new survey released by Public Health Wales.
Procurement doesn't have to cost the earth08/02/2023 12:15:00
Public Health Wales is urging anyone in the public sector to download their new guide and start reducing costs and cutting carbon whenever they are sourcing goods or services.
Harmful gambling; Early education key to addressing urgent public health issue01/02/2023 13:10:00
Early education, screening by frontline services and continued support through post-recovery are among the actions needed if Wales wants to reduce the devastating harms caused by gambling, says a new report from Public Health Wales.
Public Health Wales and Hywel Dda University Health Board response to independent review into Llwynhendy TB outbreak.30/01/2023 09:20:00
Public Health Wales and Hywel Dda University Health Board (UHB) have welcomed the publication of the independent review into the longstanding Llwynhendy tuberculosis (TB) outbreak, and have committed to learning lessons to build on the improvements that have already been made and acknowledged by the report.