About three in five people in the U.S. are facing financial hardship caused by inflation, an increase from last year, according to a poll from U.S. analytics company Gallup.
The inflation surge in the U.S. that started in 2021 has been pushing up the prices of daily necessities and affecting the living standards of many people.
About 61 percent of surveyed people said rising prices have caused "financial hardship" for their household, which is six percentage points higher than the results in November, 2022.
About 15 percent of the people categorized the problem as "severe."
People in the lowest income groups have been impacted the most. In a separate survey, about 29 percent of people with an annual income of less than $40,000 said they were facing financial hardship, while only 5 percent of people with annual incomes of over $100,000 said the same.
On the causes behind the problem, inflation was picked as the most significant factor, which "far outpaces" other problems like rent, debt and healthcare.
Inflation was named by 35 percent of surveyed adults as the top financial problem, even higher than last year's 32 percent. The number was only 18 percent in 2008.
Gallup said on their website that the recent slowing of inflation has "done little" to help the U.S. people. "More dramatic changes" in prices are needed for the harm to be healed.
Additionally, Gallup said the public lacks confidence in leaders to tackle the current inflation problems.
Along with the financial problems, the depression rate also reached new highs in the U.S.
Another Gallup poll showed that more than 29 percent of adults in the U.S. have been diagnosed with depression at some point in their lifetime. That's nearly 10 percentage points higher than in 2015.