Philippines Consumer Confidence  2007-2017 | Data | Chart | Calendar

Consumer Confidence in Philippines dropped to 8.7 in the March quarter of 2017 from 9.2 in the December quarter 2016. Despite the decline, it was the second highest reading since the survey began in the first quarter 2007, as consumer's views on family income was less optimistic (3.0 from 4.9 in the prior quarter) while the outlook on the economic condition of the country remained at a record high of 21.9. At the same time, the assessment toward family financial situation rose to 1.2 (from 0.7). Consumer Confidence in Philippines averaged -19.62 from 2007 until 2017, reaching an all time high of 9.20 in the fourth quarter of 2016 and a record low of -52.80 in the third quarter of 2008.

Philippines Consumer Confidence
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-09 07:00 AM Q3 2.5 -6.4 -8.3
2016-12-12 02:00 AM Q4 9.2 2.5 1.8
2017-03-27 02:00 AM Q1 8.7 9.2 12
2017-06-13 02:00 AM Q2 8.7 5.8
2017-09-12 02:00 AM Q3 6.1
2017-12-12 02:00 AM Q4 7.5




Philippines Consumer Last Previous Highest Lowest Unit
Consumer Confidence 8.70 9.20 9.20 -52.80 [+]
Retail Sales Yoy 4.40 5.10 79.50 -3.13 percent [+]
Consumer Spending 1455678.00 1435521.00 1455678.00 581662.00 PHP Million [+]
Personal Savings 4083678.06 4091513.61 4091513.61 1124351.04 Million PHP [+]
Bank Lending Rate 5.20 5.64 39.73 5.09 percent [+]
Retail Sales Mom -0.20 0.30 14.43 -2.51 percent [+]
Consumer Credit 248.10 229.06 248.10 76.00 PHP Billion [+]
Gasoline Prices 0.92 0.88 1.29 0.34 USD/Liter [+]


Philippines Consumer Confidence Notes

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 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8.70 9.20 9.20 -52.80 2007 - 2017 Quarterly



consumer confidence by Country

Last
Australia 97.99 May/17
Brazil 103.40 Apr/17
Canada 52.32 May/17
China 111.00 Mar/17
Euro Area -3.30 May/17
France 100.00 Apr/17
Germany 10.40 Jun/17
India 136.00 Dec/16
Indonesia 123.70 Apr/17
Italy 105.40 May/17
Japan 43.20 Apr/17
Mexico 84.29 Apr/17
Netherlands 23.00 May/17
Russia -15.00 Mar/17
South Korea 108.00 May/17
Spain 106.70 Apr/17
Switzerland -8.00 Jun/17
Turkey 72.80 May/17
United Kingdom -7.00 Apr/17
United States 97.10 May/17