Consumer Spending in Philippines increased to 1646009.73 PHP Million in the second quarter of 2019 from 1568669.77 PHP Million in the first quarter of 2019. Consumer Spending in Philippines averaged 747525.77 PHP Million from 1981 until 2019, reaching an all time high of 1789083.47 PHP Million in the fourth quarter of 2018 and a record low of 305524.42 PHP Million in the first quarter of 1981.

Consumer Spending in Philippines is expected to be 1529408.81 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Philippines to stand at 1908292.00 in 12 months time. In the long-term, the Philippines Consumer Spending is projected to trend around 2176644.20 PHP Million in 2020, according to our econometric models.

Philippines Consumer Spending
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Philippines Consumer Last Previous Highest Lowest Unit
Consumer Confidence 4.60 -1.30 13.10 -52.80 Index Points [+]
Retail Sales Yoy 0.60 0.40 79.50 -3.13 percent [+]
Consumer Spending 1646009.73 1568669.77 1789083.47 305524.42 PHP Million [+]
Personal Savings 4629399.63 4549059.65 4689905.96 1124351.04 Million PHP [+]
Bank Lending Rate 7.38 7.21 39.73 5.09 percent [+]
Retail Sales Mom 0.20 -0.80 14.43 -2.51 percent [+]
Gasoline Prices 1.01 1.03 1.29 0.34 USD/Liter [+]
Consumer Credit 396.23 373.30 396.23 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 Spending

This page provides - Philippines Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Consumer Spending - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1646009.73 1568669.77 1789083.47 305524.42 1981 - 2019 PHP Million Quarterly
Constant Prices 2000, NSA




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