CONSHOHOCKEN, Pa., Jan. 10, 2023 /PRNewswire/ — The state of the economy and household finances are a greater concern to people across the globe than climate change, according to the annual Life at Home Report released by IKEA today.
Surveying over 37,000 people globally in 37 countries, the report reveals that 61% of people are worried about their household finances, while 2 in 3 (66%) are concerned about the general economy in their country as inflation continues to soar around the world. Financial woes outrank fears around the impact of climate change (56%) as the top concerns in people’s lives.
Given increased living expenses the report points to significant impacts on life at home on the horizon, with 1 in 10 people anticipating the cost-of-living crisis affecting major life moments, such as getting married and having children. Over a third (35%) expect to cancel or postpone home improvement plans, while a fifth (21%) are…
