Survey: More families think they are poor

Results of a survey by the Social Weather Stations showed that more families consider themselves poor. In the 3rd quarter of 2014, 55% of respondents said they were poor, compared to 52% during the same period in 2013. Self-rated poverty threshold increased in Metro Manila where households now need a monthly budget of P15,000 ($334) for home expenses and a monthly food budget of P8,000 ($178) for them not to be considered poor. Self-rated poverty in Metro Manila increased by 6%, now up at 43% from last year’s 37%.

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