Almost a third of households in Northern Ireland expect their financial position to get worse over the next year, a survey suggests.
A quarter of people expect to be a little worse off while 7% think they’ll be a lot worse off.
The Northern Ireland Statistics and Research Agency (Nisra) surveyed 1,785 people between 21 April and 23 July.
About half expected their financial position to stay the same; 12% thought they would be a little better off.
One percent though they would be much better off.
- NI Executive faces ‘difficult economic decisions’
- NI jobs outlook ‘heading back to 1980s’
There were significant differences in the perceptions of how the financial position will change depending on age group.
Almost four in ten people (38%) aged 45-64 expected the financial position of their household to get a little or a lot worse in the next 12 months.
But for those aged 65 and older, this figure was substantially lower, at 24%.
Whatever their expected household position, the vast majority of people surveyed expected the general economic situation to get worse.
Almost 90% of people said they expected a general economic deterioration, with people in rural areas taking the most pessimistic view.