Impact of fuel price changes on the perception of the financial situation of households in Poland
Objectives The aim of the article was to assess the impact of fuel price changes on households' perceptions of their financial situation in Poland. Material and methods The survey was conducted using the questionnaire method on a group of 1,000 randomly selected Polish residents. The questionn...
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| Format: | Article |
| Language: | English |
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Akademia Nauk Stosowanych WSGE im. A. De Gasperi w Józefowie
2023-12-01
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| Series: | Journal of Modern Science |
| Subjects: | |
| Online Access: | https://www.jomswsge.com/Wplyw-zmian-cen-paliw-na-postrzeganie-sytuacji-finansowej-gospodarstw-domowych-w,176184,0,2.html |
| _version_ | 1827161264745349120 |
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| author | Kinga Ociesa Adrian Majek |
| author_facet | Kinga Ociesa Adrian Majek |
| author_sort | Kinga Ociesa |
| collection | DOAJ |
| description | Objectives
The aim of the article was to assess the impact of fuel price changes on households' perceptions of their financial situation in Poland.
Material and methods
The survey was conducted using the questionnaire method on a group of 1,000 randomly selected Polish residents. The questionnaire contained 26 questions and the survey was carried out from 16 January to 15 February 2023. The obtained results of the survey were subjected to statistical tests in order to verify the set hypotheses.
Results
The results obtained prove that dynamic changes in fuel market prices affect the functioning of households. They increase the burden on the household budget, influence the decision to change petrol stations, as well as causing the need to reduce fuel purchases in order to repay debts.
Conclusions
Changes in fuel prices and the uncertain socio-economic environment affect the financial situation of households. Rapid increases can put undue strain on the household budget. Households should carefully analyse their budgets and adjust their spending to their current possibilities in order to prevent a deterioration in their financial situation, which may subsequently cause a slowdown in the overall economy. In addition, given the recent developments related to the increase in energy prices and the environmental trend in transport, it seems important to carry out research on the impact of these factors on the burden on the household budget and how to seek savings. |
| first_indexed | 2024-03-08T15:36:37Z |
| format | Article |
| id | doaj.art-8403686ea28b48038b103345f5e3bddd |
| institution | Directory Open Access Journal |
| issn | 1734-2031 2391-789X |
| language | English |
| last_indexed | 2025-03-21T00:26:10Z |
| publishDate | 2023-12-01 |
| publisher | Akademia Nauk Stosowanych WSGE im. A. De Gasperi w Józefowie |
| record_format | Article |
| series | Journal of Modern Science |
| spelling | doaj.art-8403686ea28b48038b103345f5e3bddd2024-08-03T07:20:50ZengAkademia Nauk Stosowanych WSGE im. A. De Gasperi w JózefowieJournal of Modern Science1734-20312391-789X2023-12-0154526929010.13166/jms/176184176184Impact of fuel price changes on the perception of the financial situation of households in PolandKinga Ociesa0https://orcid.org/0000-0003-4973-1990Adrian Majek1https://orcid.org/0000-0001-6793-7664Lublin University of Technology, Faculty of ManagementLublin University of Technology, Faculty of ManagementObjectives The aim of the article was to assess the impact of fuel price changes on households' perceptions of their financial situation in Poland. Material and methods The survey was conducted using the questionnaire method on a group of 1,000 randomly selected Polish residents. The questionnaire contained 26 questions and the survey was carried out from 16 January to 15 February 2023. The obtained results of the survey were subjected to statistical tests in order to verify the set hypotheses. Results The results obtained prove that dynamic changes in fuel market prices affect the functioning of households. They increase the burden on the household budget, influence the decision to change petrol stations, as well as causing the need to reduce fuel purchases in order to repay debts. Conclusions Changes in fuel prices and the uncertain socio-economic environment affect the financial situation of households. Rapid increases can put undue strain on the household budget. Households should carefully analyse their budgets and adjust their spending to their current possibilities in order to prevent a deterioration in their financial situation, which may subsequently cause a slowdown in the overall economy. In addition, given the recent developments related to the increase in energy prices and the environmental trend in transport, it seems important to carry out research on the impact of these factors on the burden on the household budget and how to seek savings.https://www.jomswsge.com/Wplyw-zmian-cen-paliw-na-postrzeganie-sytuacji-finansowej-gospodarstw-domowych-w,176184,0,2.htmlfuel pricefinancial situationhouseholdhousehold budgetcrisis |
| spellingShingle | Kinga Ociesa Adrian Majek Impact of fuel price changes on the perception of the financial situation of households in Poland Journal of Modern Science fuel price financial situation household household budget crisis |
| title | Impact of fuel price changes on the perception of the financial situation of households in Poland |
| title_full | Impact of fuel price changes on the perception of the financial situation of households in Poland |
| title_fullStr | Impact of fuel price changes on the perception of the financial situation of households in Poland |
| title_full_unstemmed | Impact of fuel price changes on the perception of the financial situation of households in Poland |
| title_short | Impact of fuel price changes on the perception of the financial situation of households in Poland |
| title_sort | impact of fuel price changes on the perception of the financial situation of households in poland |
| topic | fuel price financial situation household household budget crisis |
| url | https://www.jomswsge.com/Wplyw-zmian-cen-paliw-na-postrzeganie-sytuacji-finansowej-gospodarstw-domowych-w,176184,0,2.html |
| work_keys_str_mv | AT kingaociesa impactoffuelpricechangesontheperceptionofthefinancialsituationofhouseholdsinpoland AT adrianmajek impactoffuelpricechangesontheperceptionofthefinancialsituationofhouseholdsinpoland |