With less than a month to go before the mid-term elections, reducing high inflation is the issue that matters most to the Hispanic community. According to a survey conducted by The Economist and YouGov, concern among Hispanics about high prices and inflation, which has not fallen below 7.5% this year, has gone up by 10% in one month to 74%.
Expectations among the Hispanic community about inflation are not good. 44% believe that inflation will go up in the next six months, compared to only 13% who believe it will go down.
Inflation is an aspect that has a greater bearing on the unemployment rate among Hispanics. More than five out of ten (53%) placed inflation above unemployment, and only 4% considered it to be of greater importance.
Six out of ten Hispanics say we are in a recession
61% of Hispanics said we are in a recession while only 16% who said we are not. Among all indicators reflecting the economic situation, 36% of the Hispanic community identified high prices as the main problem, followed by the shrinking economy (18%) and the unemployment rate (16%).
Many more Hispanics are noticing that the economy is slowing down. 42% feel that all economic indicators show that the U.S. is worse off economically compared to 19% who believe that the economy is improving.
According to The Economist and YouGov, 70% of Hispanics considered the economy to be very important. After this, 62% rated national security as fundamental. 61% considered the health system to be of upmost importance. Six out of ten (60%) are more interested in the educational field while half (50%) are concerned about the migratory crisis.
