Tuesday, January 12, 2010

In Peru, the rich get richer & the poor get poorer....again

Every month in Peru, respected polling firm IPSOS-Apoyo runs a survey amongst residents of the Lima/Callao conurbation and asks them, basically, "how are things going, folks?". Thanks to the deeply marvellous Jurgen Schuldt and his blog, I caught up with the end-of-year survey results in this post yesterday. Here we go with the visuals:

First, this chart (stolen from Schuldt and re-dubbed into English) shows how Peruvians think things are now compared to the same time last year. When answering the question, "Are you much better off, better off, the same, worse off or much worse off than this time last year?".....
...17% said "better/much better off", 26% said "worse/much worse off" and 57% said "the same". So at first light it looks as though Peru's citizens have found themselves a little bit worse off, but basically the country has been treading water for the last year.

But then if we delve deeper into the IPSOS-Apoyo numbers, something different is seen. When the survey results are split into socioeconomic grouping (in the system, the A's are the hoi polloi and the E's are the scummy proles that they try their hardest to ignore) new pattern comes to light. This chart shows how many of each sector think they're better off than this time last year:
And this chart (note the green/red colour coding...subtle, aren't I?) gives us percentages for the same groups who consider themselves worse off than last year.

Hey wow, shock and surprise: In SEG A, 31% are better off and 12% worse off. And then in SEG E, 3% are better off and 31% worse off. Hoodathunkit, eh? Or in other words, the rich get richer and the poor get poorer. Check Jurgen's blog for more details.

Viva investment grade. Viva, viva, viva.