Philippines Consumer Confidence  2007-2018 | Data | Chart | Calendar

Consumer confidence in the Philippines slumped to 1.7 in the March quarter 2018 from 9.5 in the previous period. It was the weakest reading since a decline in the June quarter 2016 amid concerns on rising household debt, occurrence of typhoon and poor harvest. In the first quarter, households' views toward family income softened sharply (6.6 from 10.3 in the December quarter). At the same time, consumers' views on the country’s economic conditions (-0.1 from 10.9) and their assessment toward family financial situations (-1.3 from 7.3) turned to negative territory. Meanwhile, the outlook on buying conditions was generally steady across all big-ticket items (31.6 from 31.9 in Q4). Consumer Confidence in Philippines averaged -17.11 Index Points from 2007 until 2018, reaching an all time high of 13.10 Index Points in the second quarter of 2017 and a record low of -52.80 Index Points in the third quarter of 2008.

Philippines Consumer Confidence
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Calendar GMT Actual Previous Consensus TEForecast
2017-09-10 10:00 AM Consumer Confidence 10.2 13.1 14
2017-12-08 01:00 AM Consumer Confidence 9.5 10.2 9.1
2018-03-27 12:30 AM Consumer Confidence 1.7 9.5 8.70
2018-06-13 02:00 AM Consumer Confidence 1.7 8
2018-09-10 10:00 AM Consumer Confidence 11
2018-12-12 02:00 AM Consumer Confidence 12


Philippines Consumer Last Previous Highest Lowest Unit
Consumer Confidence 1.70 9.50 13.10 -52.80 Index Points [+]
Retail Sales Yoy 4.20 3.80 79.50 -3.13 percent [+]
Consumer Spending 1541280.00 1522475.00 1541280.00 581662.00 PHP Million [+]
Personal Savings 4477551.99 4420131.26 4477551.99 1124351.04 Million PHP [+]
Bank Lending Rate 5.84 5.35 39.73 5.09 percent [+]
Retail Sales Mom 0.20 0.50 14.43 -2.51 percent [+]
Gasoline Prices 1.03 0.98 1.29 0.34 USD/Liter [+]
Consumer Credit 299.06 272.23 299.06 76.00 PHP Billion [+]
Consumer Confidence Current Conditions 13.90 26.60 26.60 -81.20 [+]
Consumer Confidence Economic Expectations 40.40 39.30 67.70 -48.90 [+]
Consumer Confidence Unemployment Expectations 1.90 -4.20 76.10 -27.80 [+]


Philippines Consumer Confidence

In Philippines, the Consumer Expectations Survey covers over 5,000 households of which around 50 percent are from the national capital region Metro Manila. The questions address overall conditions of the economy, household finances and household income. The indicator is computed by subtracting the percentage of firms that answer positively from the percentage that answer negatively. The index varies between -100 and 100; a positive value indicates a favorable view, a negative value shows lack of confidence and zero indicates neutrality. This page provides - Philippines Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Consumer Confidence - actual data, historical chart and calendar of releases - was last updated on May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.70 9.50 13.10 -52.80 2007 - 2018 Index Points Quarterly




consumer confidence by Country
Country Last
Australia 101.80 May/18
Brazil 102.20 Apr/18
Canada 53.94 May/18
China 122.30 Mar/18
Euro Area 0.40 Apr/18
France 101.00 Apr/18
Germany 10.80 May/18
India 97.00 Dec/17
Indonesia 122.20 Apr/18
Italy 117.10 Apr/18
Japan 43.60 Apr/18
Mexico 86.45 Apr/18
Netherlands 25.00 Apr/18
Russia -8.00 Mar/18
South Korea 107.00 Apr/18
Spain 99.90 Apr/18
Switzerland 2.00 Jun/18
Turkey 71.90 Apr/18
United Kingdom -9.00 Apr/18
United States 98.80 May/18


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