Consumer Spending in Philippines decreased to 3129503.91 PHP Million in the second quarter of 2021 from 3153807.45 PHP Million in the first quarter of 2021. source: National Statistics Office of Philippines

Consumer Spending in Philippines averaged 850425.66 PHP Million from 1981 until 2021, reaching an all time high of 3651785.61 PHP Million in the fourth quarter of 2020 and a record low of 305524.42 PHP Million in the first quarter of 1981. This page provides - Philippines Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Consumer Spending - values, historical data and charts - was last updated on October of 2021.

Consumer Spending in Philippines is expected to be 3280250.00 PHP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Consumer Spending is projected to trend around 4199371.00 PHP Million in 2022 and 4577314.00 PHP Million in 2023, according to our econometric models.

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Philippines Consumer Spending

Philippines Last Unit Reference Previous Highest Lowest
Retail Sales Yoy 1.80 percent Jul/21 2.00 79.50 -3.13
Consumer Spending 3129503.91 PHP Million Jun/21 3153807.45 3651785.61 305524.42
Retail Sales Mom 0.00 percent Aug/20 0.40 14.43 -2.51