Philippines Consumer Confidence - Forecast

Consumer Confidence in Philippines is expected to be 8.20 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Philippines to stand at 6.00 in 12 months time. In the long-term, the Philippines Consumer Confidence is projected to trend around 7.00 in 2020, according to our econometric models.


Philippines Consumer Confidence
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Philippines Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence 9.5 8.2 6.7 3.5 6 7
Retail Sales Yoy 2.5 3.8 4 5.11 3.3 4
Consumer Spending 1522475 1520000 1570000 1580712 1610000 1780000
Personal Savings 4406418 4470869 4493920 4498592 4495520 4399897
Bank Lending Rate 5.61 5.7 5.9 7.19 5.8 6.2
Retail Sales Mom 0.6 0.54 0.56 0.56 -0.2 0.1
Gasoline Prices 1 1 1 0.99 1 1.2
Consumer Credit 272 272 280 300 291 346
Consumer Confidence Current Conditions 13.9 6.84 2.54 -1.2 -3.57 -17.13
Consumer Confidence Economic Expectations 40.4 25.76 22.98 20.4 18.23 9.66
Consumer Confidence Unemployment Expectations 1.9 19.97 23.98 27.38 30.18 41.19