• streetfestival@lemmy.ca
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    10 months ago

    New to me term: “Inflation isolation”

    Inflation and high-interest rates appear to be causing an “inflation isolation” phenomenon, as half of Canadians are staying home more often (51%) and a third are spending less time socializing (35%) or with friends to save money (30%). This has also led one in five Canadians to feel a sense of social isolation (20%) or a sense of loneliness (19%). In addition, four in 10 have also noted that the current economic conditions have led to increased stress (42%) and anxiety (39%).