The stocks of goods held by firms in Philippines decreased by 204947.51 PHP Million in the second quarter of 2020.
Changes in Inventories in Philippines averaged -5315.79 PHP Million from 1998 until 2020, reaching an all time high of 92123.96 PHP Million in the fourth quarter of 2010 and a record low of -204947.51 PHP Million in the second quarter of 2020. This page provides - Philippines Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Changes in Inventories - values, historical data and charts - was last updated on October of 2020. source: National Statistics Office of Philippines
Changes in Inventories in Philippines is expected to be 15700.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in Philippines to stand at 19300.00 in 12 months time. In the long-term, the Philippines Changes in Inventories is projected to trend around 19300.00 PHP Million in 2021, according to our econometric models.