With prices going up, what would be the first thing you would try to cut costs in?

BACKGROUND

Uganda's economy today appears to be suffering the effects of inflation. Inflation refers to an increase in prices and a fall in the purchasing value of money. This means you will need more money to buy the same goods.

In last weeks poll, the majority of the people responding said that they were already feeling the effects of inflation. In January this year, research analysts from Makerere University predicted that inflation will rise. As fuel prices rise due to inflation, transport of goods and people becomes more expensive. Imported goods, like medicine, airtime and plastics will also see a rise in price. If prices of goods rise, services like banking fees or professional services will also go up.

In this poll we would like to know what would be your first choice if you would have to safe money.

QUESTION
With prices going up, what would be the first thing you would try to cut costs in?
A.      Transport (bus,matatu,boda etc.)
B.      Food
C.      Telecommunication (Airtime etc)
D.      Financial support to relatives
E.      Other – Please tell us what you would safe money on

Instructions
Go to messages on your phone. Type KINGS followed by A, B, C, D or E. Send your message with a short comment to 8585. This SMS is completely FREE OF CHARGE.